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Apple announced that it now has 1 billion paying subscribers to its services and that revenue from these sales has reached an all-time high.
In its third-quarter financial results, reported after the stock market closed on Aug. 3, Apple reported $21 billion in net sales for its services category out of $81 billion in total net sales, meaning that these subscriptions now account for a quarter of the Cupertino, California-based technology company’s total sales.
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Now is this counting individual person subscribers or do they count each individual subscription? Because some people may have multiple subscriptions.
The actual quote is subscriptions, not subscribers.
“We are happy to report that we had an all-time revenue record in Services during the June quarter, driven by over 1 billion paid subscriptions, and we saw continued strength in emerging markets thanks to robust sales of iPhone,” said Tim Cook, Apple’s CEO.
https://www.apple.com/newsroom/2023/08/apple-reports-third-quarter-results/
So… how’s worker compensation looking these days?
Why increase compensation for workers when they’ll keep coming in and doing the work to make money for shareholders and owners of corporate real estate?
Actually, I find this better than offering free products. This way I am not the product.
I mean, I only pay like 3 € for the cloud save since it’s cheaper than Microsoft‘s plan.
