APPLE WKN: 865985 ISIN: US0378331005 Forum: Aktien Thema: Hauptdiskussion

Apple’s Services business is the big highlight Apple’s services business revenue was the highlight of its report. Apple’s services business is extremely profitable, and important for investors because it signals how Apple is monetizing its active base of 2 billion devices by selling them subscriptions, streaming TV, warranties, advertising, payment services, and other products included in the category. Apple’s services revenue grew 8.2% on an annual basis, stronger than the 5.5% growth rate posted last quarter, showing that the business has accelerating growth, a key result that investors were eager to see. Cook said that many services components were growing. “We set revenue records in many categories in services this quarter from video, to AppleCare, to cloud, to payment services, and we set June quarter records for advertising, the App Store and Apple Music,” Cook said. He added that App Store growth has accelerated. Cook said that Apple has over 1 billion paid subscriptions. That’s a stat that Apple uses to measure both people subscribing to things like Apple Music or Apple TV, as well as anyone who subscribes to a service through the company’s App Store. “That’s up 150 million year over year and nearly double what it was just three years ago,” Cook said.