Apple earnings report announced: A new record in service revenues!

In addition to the products it launches, Apple often comes across with its user experience-oriented services and services. Finally, the company announced the last financial quarter data of the year. Accordingly, the company’s service revenues reached an all-time high. Here are the details…


Apple is ready to incorporate new companies!

Speaking during the 2022 fiscal quarter earnings meetings, Apple CEO Tim Cook stated that they are looking for new companies to incorporate.

Apple earnings report announced: A new record in service revenues!

Apple has announced its results for the second quarter of fiscal 2022, which ends on March 26, 2022. The company said its revenue from its services such as the App Store, Apple TV+, Apple Music and the cloud 17 percent increasing by the rate 19.8 billion dollarsannounced that it has reached Thus, the company’s last year service revenues 75 billion dollars it happened.

apple earnings report
Apple earnings report

The number of paid subscribers in such services of Apple as of now 825 million. The company has increased this number in the last year. more than 165 million He said it has increased. On the other hand, the report emphasized CODA, the winner of the Best Film award at the 2022 Oscar Awards. It was underlined that the films released through the Apple TV+ streaming service have won more than 240 awards and more than 960 nominations to date.

With the latest data announced, the revenues of services such as App Store, Apple Music, Apple Care and cloud all time record broken. In addition, in the second quarter of the fiscal year advertising and payment servicesabout new records came too.

Apple CFO Luca Maestri used the following statements about the earnings report;

These impressive results reflect the impact of our continued investment in developing and expanding our portfolio of services and the positive momentum we are seeing on many fronts.

We have more paid subscribers who transact more, pay more, and in short. The number of paid subscribers we have is quite impressive: 825 million. An increase of 165 million in the last 12 months alone. I can say that this is great growth.

So what do you think about this subject? What do you think is the main reason behind this success of Apple? Do not forget to share your views with us in the comments section or on the SDN Forum.

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