Apple tops 1 billion subscriptions, nearly $100B in services revenue in 2024

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Apple’s iPhone sales may be reduced, but the service department of the company, which includes the App Store, iCloud, Music, TV+and other subscriptions, is still increasing.

Capartino -based technology giant Report The all -time income of the service business on Thursday was 26.5 billion dollars for the end of December 25, which is 5% higher for years. CEO Tim Cook said on Thursday that the services have earned nearly $ 100 billion in the last one year. Also, the Apple App Store has more than 1 billion subscription in its services, including third -party apps.

The agency says that the customer busyness with its services with both the transaction and the provided account has reached the height of the customer busyness. Both the payment account and subscription have increased by double digit year after year.

Apple points to the spread of specific offers such as Apple Arcade, which is adding games and fitness+, which adds new programs. It also mentions Apple Tap for paying money For the iPhone, which is now 20 markets live.

Regulatory impact

In the subject of subscription, investors wanted to know how a new regulatory environment could affect these numbers possible.

Although investors did not directly ask about the impact of the Trump administration on Apple income, a question focused on whether new regulatory changes could be beneficial. This is, a “more balanced regulatory environment” will probably reverses the previous headwinds that Apple can now absorb its results?

Apple’s CFO, Kevan, had skirted the question, instead repeated positive numbers for services, and the customer base, offers all its services and customer’s busyness throughout the geographical area was increasing. CEO Tim Cook did not answer the question.

For years, Apple has protected itself on incredible cases and other government measures both in the United States and abroad. The main debate is that the apple hosts the apps that hoses on its App Store and the percentage of the Apple to accept it from the transactions that are focused as fair.

Last year, when the US Supreme Court ended in the end of a original disbelief suit Refusing to hear until the end An application on Epic-Apple Decision, initially filed by Fortnite Game Maker. This means the lower court decision that the technology giant is not yet exclusive, is still standing.

However, this decision means that Apple will allow apple makers to allow customers to drive the web from the links to their applications.

Although the case was originally in favor of Apple, Epic won the same case with Google. Given partial victory, other developers can be inspired to take their own legal action against Apple or Google, hoping to continue engraving in Apple’s Chocoold in the App Distribution Market.

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