3 Services Are Booming
As expected, Apple noted that its Services business is growing at a good pace across the globe. The company maintained that it’s on track to double its 2016 services revenue by 2020.
The company reported record revenue from the App Store and Apple Care. Apple Music has grown to 40 million subscribers, and Apple Pay is also continuing to expand. Overall, Apple’s paid subscriptions increased by more than 100 million year-over-year — to a current total of 270 million in the March quarter.