Apple’s iPhone sales may be declining, but the company’s services sharing the App Store, ICloud, Music, TV+and other reconciliations, is still increasing.
Cupertino -based technology giant reported on Thursday its service business had a long income of all time of $ 26.3 billion for the quarter that ended December 28, with 14% year by year. Services generated nearly $ 100 billion in revenue last year, CEO Tim Cook said while calling Thursday’s profits. Moreover, Apple reported that there were more than 1 billion subscriptions to its services, including through third -party applications on the App Store.
The company said that the customer’s engagement with its services, including both accounts and paid accounts, reached high record levels. Paid accounts and reconciliations both increased by double digits year by year.
Apple showed extensions of specific offers such as Apple Arcade, which continues to add games and fitness+, which adds new programs. He also noted Apple’s knock to pay the iPhone, which is now directly in 20 markets.
Regulatory influence
In the subject of reconciliation, investors wanted to know how a new regulatory environment could potentially affect these numbers.
While investors did not fully ask about the influence of the Trump administration on apple income directly, a question focused on whether new regulatory changes could be useful. That is to say, would it be a “more balanced regulatory environment” potentially opposite to the preliminary head that Apple can now absorb in its results?
Apple’s CFO, Kevan Parkh, had the question, repeating this positive services for services and adding that customer engagement is growing across the customer’s base, all its services offers and geographical regions. CEO Tim Cook did not answer the question.
For years, Apple has defended itself for antitrust lawsuits and other government actions, both in the US and abroad. The essential debate has focused how much Apple is justified to get from the applications he expects to his app store and the transactions flowing through them.
Last year, a major antitrust issue finally ended when the US Supreme Court eventually refused to hear an appeal to the epic-Aplician decision, originally presented by the Fortnite Game Manufacturer. This means the Lower Court’s ruling that the technology giant was not yet a monopolist.
However, this decision means that Apple should allow app manufacturers to run internet customers from connections within their applications.
Although the lawsuit was mainly in Apple’s favor, Epic gained a case similar to Google. Given the partial victory, other developers may have been inspired to pursue their legal actions against Apple or Google, hoping they will continue to be engraved on Apple Chokes in the app distribution market.
