Services Continue to Dominate

As you might expect from a company in the middle of a slow transition to the services sector, Apple’s Services category showed some strong numbers during the holiday quarter. Apple says it now has 480 million paid services subscribers, up 120 million compared to the same quarter last year.

It also readjusted its subscription target from 500 million to 600 millions by the end of this fiscal year. As far as individual services, Apple reported that Apple Music and iCloud set new all-time records, and AppleCare also managed to set a December record due to new rates and expanded distribution.