App Store, Apple Music, iCloud and Apple Pay Set All Time Quarterly Revenue Records in Q1 2018

Discussion in 'iOS Blog Discussion' started by MacRumors, Feb 1, 2018.

  1. MacRumors macrumors bot


    Apr 12, 2001

    Apple's services category continues to grow rapidly, and in the first fiscal quarter of 2018, Apple services, which includes iTunes, the App Store, Apple Music, iCloud, Apple Pay, and AppleCare, saw revenue of $8.5 billion, up 18 percent year over year.

    The App Store saw its best holiday season ever, and Q1 2018 marked the best quarter ever for not only the App Store, but also Apple Music, iCloud, and Apple Pay. Apple Music, iCloud, and Apple Pay all saw significant growth in active users.

    Paid subscriptions passed 240 million by the end of the December quarter, which Apple says is an increase of $30 million in the last 90 days alone, the largest quarterly growth ever.

    Apple CEO Tim Cook says Apple is well on its way to reaching its goal to double its services revenue by 2020.

    Article Link: App Store, Apple Music, iCloud and Apple Pay Set All Time Quarterly Revenue Records in Q1 2018
  2. gsmornot macrumors 68030


    Sep 29, 2014
    You know, one thing bothers me about iCloud. I have to pick between 200GB and 2TB with big differences in price. I use the 200GB with my family. We have about 60GB left and may not need more but why are there no other options between the two? There has to be a technical reason. (if not then its simply to force a higher payment)
  3. firewood macrumors 604

    Jul 29, 2003
    Silicon Valley
    Billions and billions more in App revenue... seemingly going to a tinier and tinier percentage of app developers.
  4. FloatingBones macrumors 65816


    Jul 19, 2006
    Apple Pay is a small part of Apple's business, but it has had a huge impact on safe, secure, and private e-payments for everyone. Thank you, Apple! :)
  5. DeepIn2U macrumors 603


    May 30, 2002
    Toronto, Ontario, Canada
    "Hey Eddie! I know you Eddie! You the F* U guy Eddie"

    Eddie Cue is killing it with the team!
    So where are those Eddie Cue haters now, saying he does nothing?
  6. dmylrea macrumors 68030


    Sep 27, 2005
    I proudly donate my 99 cents towards their record profits every month. You're welcome, Apple.
  7. Release macrumors member


    Feb 28, 2012
    Wow. I have not bought a single app from the App Store since they took it out of iTunes on the desktop.

    I used to subscribe to a ton of RSS feeds that would talk about new/notable apps, click the link, check it out, and then download it and try it whenever I got a chance. It was great having everything on the desktop.

    Now? I only open the App Store on my phone or iPad to do the updates to existing apps. I understand that the iOS market is much larger than the desktop but its still disappointing atet Apple seem to think that everyone uses their phones for everything.
  8. whyamihere macrumors 6502


    Jun 30, 2008
    Was in this same boat. Finally gave in and got iTunes 12.6.3 to go back to normal.
  9. Mike MA macrumors 68000

    Mike MA

    Sep 21, 2012
    Interesting that no new Apple Music subscription number was shared. Is the growth slowing down or not as expected?

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