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Apple tops 1 billion subscriptions, nearly $100 billion in services revenue in 2024
AAPLApple(AAPL) TechCrunch·2025-01-31 07:42

Apple’s iPhone sales may be down, but the company’s Services division, which includes the App Store, iCloud, Music, TV+, and other subscriptions, is still soaring. The Cupertino-based tech giant reported Thursday its Services business had an all-time revenue high of $26.3 billion for the quarter ended December 28, up 14% year-over-year. Services generated nearly $100 billion in revenue over the past year, CEO Tim Cook said during Thursday’s earnings call. In addition, Apple reported having more than 1 billi ...