Categories: Archived Post

Apple Services sees its highest revenue ever for a 13-week quarter

Apple’s Services business — which includes, among other things, Apple Music, Apple Pay, iCloud and iTunes — saw its highest revenue ever for a 13-week quarter in Apple’s fiscal 2017 second quarter that ended April 1, 2017.

App Store revenue grew 40% year-over-year for an all-time quarterly record. There was double-digit revenue growth from Apple Music subscriptions and iCloud storage subscriptions. Paid subscriptions now exceed $165 million.

CEO Tim Cook says that Apple Pay is experiencing “phenomenal traction.” Its now live in 15 countries. Apple’s mobile payment services now account more than 20 million contactless-ready locations, including more then 4.5 million the U.S. alone. Transaction volume was up 450% over last 12 months.

Dennis Sellers

Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.

Recent Posts

Apple rumored to be developing a ‘significantly thinner version’ of the iPhone

Apple is developing a “significantly thinner version” of the iPhone that could be released next…

14 hours ago

Apple wants its Vision Pro Personas to have more realistic hair

Apple wants its Vision Pro Personas to have more realistic hair.

21 hours ago

Today’s deal: Apple Magic Keyboard Folio for iPad 10th Gen (Open Box) for $99.99

This Magic Keyboard Folio is the perfect partner for your iPad 10th Gen. It brings…

21 hours ago

What Makes Gaming an Effective Source of Income?

Do you like to play online games and want to grow a career in it?…

21 hours ago

Apple VS Samsung: Which is Better in 2024?

Samsung vs Apple in 2024: Innovation vs Refinement. Who wins? Look inside to see which…

21 hours ago

Some M4 iPad Pros reportedly exhibiting a visible static grain patter

I haven’t noticed it on my new tablet, but some new M4 iPad Pro models…

21 hours ago