Apple Surpasses 1 Billion Paid Subscriptions

Apple has revealed they have surpassed 1 billion paid subscriptions across all its services. This includes Apple Music, iCloud, Apple News, Apple TV+, and more.

“Happy to report that we had an all-time revenue record in Services during the June quarter, driven by over 1 billion paid subscriptions. From education to the environment, we are continuing to advance our values, while championing innovation that enriches the lives of our customers and leaves the world better than we found it.” Tim Cook, Apple CEO

The company’s services revenue grew 8.2% in the second quarter of 2023, to $21.21 billion. This was even as its iPhone revenue declined 1.4%.


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