Apple announced that it now has 1 billion paying subscribers to its services and that revenue from these sales has reached an all-time high.

In its third-quarter financial results, reported after the stock market closed on Aug. 3, Apple reported $21 billion in net sales for its services category out of $81 billion in total net sales, meaning that these subscriptions now account for a quarter of the Cupertino, California-based technology company’s total sales.

  • Magrath@lemmy.ca
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    1 year ago

    Now is this counting individual person subscribers or do they count each individual subscription? Because some people may have multiple subscriptions.

    • cerevant@lemmy.world
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      1 year ago

      If you aren’t paying for it, you aren’t the consumer, you are the product. It is ok if you are cool with that, but quite a few people are not.

    • TheBenCommandments@infosec.pub
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      1 year ago

      Why increase compensation for workers when they’ll keep coming in and doing the work to make money for shareholders and owners of corporate real estate?

      • rikonium@discuss.tchncs.de
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        1 year ago

        I’m worried that’s the endgame for say, Walmart+, I’ve seen a sprinkling of subscriber-only checkout lines and parking spots, I’ll keep an eye out to see how that dial turns in the coming years

        • Num10ck@lemmy.world
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          1 year ago

          when our kitchens are robots and the food delivery packaging etc needs to be compatible. so like 8 years?

      • KrisND@lemmy.world
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        1 year ago

        My point was that everything is going over to subscription services and eventually it’s going to flood other markets too, such as shopping because it’s a money maker. It’s great Apple is doing well for itself, there was some struggling years, it’s crazy how much they make off subscriptions alone. Not hating on the player, hating the game.

  • Nikls94@lemmy.world
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    1 year ago

    Actually, I find this better than offering free products. This way I am not the product.

    I mean, I only pay like 3 € for the cloud save since it’s cheaper than Microsoft‘s plan.

  • Don Corleone@lemmy.world
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    1 year ago

    On related news, Apple announces that they will ship a microscopic piece of His Sacred Turtleneck inside every iPhone 15, thus making them sacred to their cult members.

    As a celebration, members will see an increase in their service prices of up to 15%.