this post was submitted on 03 Aug 2023
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Apple

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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.

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[–] Magrath@lemmy.ca 32 points 1 year ago (1 children)

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

[–] bhj@lemmy.one 30 points 1 year ago* (last edited 1 year ago)

Yeah, you're right. The actual quote is subscriptions, not subscribers.

“We are happy to report that we had an all-time revenue record in Services during the June quarter, driven by over 1 billion paid subscriptions, and we saw continued strength in emerging markets thanks to robust sales of iPhone,” said Tim Cook, Apple’s CEO.

https://www.apple.com/newsroom/2023/08/apple-reports-third-quarter-results/

[–] Xariphon@kbin.social 13 points 1 year ago (1 children)

So... how's worker compensation looking these days?

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?

[–] aluminium@lemmy.world 13 points 1 year ago (1 children)

And I am not one of them. Fuck subscriptions, I only have my phone plan and thats it.

[–] cerevant@lemmy.world 6 points 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.

[–] KrisND@lemmy.world 11 points 1 year ago (1 children)

Yeah, that is pretty crazy. It's found almost everywhere, soon even grocery shopping will be subscription only.

I remember not that long ago trying, begging, pleading friends and family to hop on with apple. After 10 years, including working as Apple Support for 3 years, I finally got away. I love the quality, the software is so intuitive out of the box and it "just works".

[–] TORFdot0@lemmy.world 8 points 1 year ago

I just signed up for apple one premier this week. I’ve actually done a lot to avoid getting locked in to apple in the past. I never subscribed to iCloud and instead used google photos and self hosted for picture storage. I still have some hang ups with how iCloud Drive works compared to O365 and google drive but apple has the best ecosystem overall. I think the only thing missing is a mesh system Wi-Fi with integrated HomePods like google has with Nest Wi-Fi

[–] Nikls94@lemmy.world 2 points 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.