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    Apple Services hits 390 million paid subscriptions

    Apple recorded an increase of 30 million subscribers on its paid services, such as the App Store and Apple Music.

    In this file photo taken on February 18, 2019, US multinational technology company Apple’s logo is displayed on a tablet in Paris. – Apple said on April 30, 2019, that profits in the past quarter dropped amid slowing iPhone sales, but the outcome was above Wall Street expectations and sent shares sharply higher. (AFP)

    Paid subscriptions for Apple Services business reached accurate documentation high of over 390 million by the end of March — an increase of 30 million in the last quarter alone, the company’s CEO Tim Cook has said.

    “We had our best quarter ever for the App Store, Apple Music cloud services and our App Store search ad business, and we set new March quarter revenue records for AppleCare and Apple Pay,” Cook told analysts during the earnings call on Tuesday.

    Apple Pay transaction volume more than doubled year-over-year.

    “We’re on the right track to achieve 10 billion transactions this calendar year. Apple Pay is now available in 30 markets, and we be prepared to be are now living in 40 markets by the finish of the year,” Cook announced.

    Beginning in mid-May, the all-new Apple TV app will bring together the various ways to discover and watch shows, movies, sports news and more in one app across iPhone, iPad, Apple TV, Mac, smart TVs, and streaming devices.

    “Coming this fall, Apple TV+ would be the new home for the world’s most creative storytellers, featuring exclusive original shows, movies, and documentaries,” Cook said.

    The business recently announced Apple Arcade — the world’s first game subscription service for mobile and desktop.

     

    “With over 100 new games, all without ads or ad tracking, no additional purchases and respect for user privacy, we’ve created a service for players of most ages, kids to teens to adults and the one that families can enjoy together,” Cook added.

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