, the App Store and iCloud, brought in nearly $18.3 billion in revenue, topping Wall Street expectations, during the fourth fiscal quarter of 2021.
The tech giant did not disclose the distribution of revenue or exact number of subscribers across its services, but Apple CFO Luca Maestrithat Apple’s services division had “more than 700 million paid subscriptions.” The fiscal quarter’s services revenue represents almost a 5 percent increase from Q3 and a 26 percent jump year over year. Total revenue for Apple hit $83.4 billion, short of analysts’ expectations but an increase from last quarter’s reported $81.4 billion. Product sales — led by the iPhone — accounted for $65 billion of the company’s Q4 revenue.
During the company’s fall event last week, Apple unveiled new MacBook Pros with M1 Pro and M1 Max chips, the third generation of AirPods and a cheaper version of Apple Music that’s only controlled by Siri.
How do you like them apples?
All those juicy profits …. made in China.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Twitter avoids revenue hit from Apple privacy changesTwitter Inc on Tuesday reported its quarterly revenue grew 37% and avoided the brunt of Apple Inc privacy changes on advertising that hobbled its rivals, sending its shares up 3%. Require the Chinese government to assume its national obligations! We demand that the Chinese government provide basic protection for the life, death and human rights of the Chinese people. The Chinese government is required to truly punish and supervise corruption! wow Twitter posts strong ad revenue growth despite Apple privacy updates .
Source: Reuters - 🏆 2. / 97 Read more »
Twitter adds users, sees revenue rise as it avoids being bogged down by Apple changeTwitter said that its monthly active users and revenue rose in Q3, and that the effect of Apple’s iOS privacy change on its ad business was “modest.” $TWTR revenue rose to $1.28 billion from $936 million in the year-ago quarter in all markets:
Source: MarketWatch - 🏆 3. / 97 Read more »
Apple Quarterly Revenue Increases 29% But Misses Forecasts, Posts Record Annual Sales and ProfitApple, the world’s most valuable tech company, reported record revenue for a September quarter — but its stock slid after sales fell short of expectations. The company reported posted $…
Source: Variety - 🏆 108. / 63 Read more »
Sourdough Apple Cider Doughnuts Recipe on Food52Homemade sourdough doughnuts—especially these apple cider ones—are an indulgence worthy of the multiday (but hands-off!) process.
Source: Food52 - 🏆 113. / 63 Read more »
Gwyneth Paltrow says she 'nearly died' giving birth to daughter AppleChatting with Dax Shepard on his popular podcast series, Gwyneth Paltrow also got real about the unrealistic expectations placed on woman shortly after giving birth
Source: Mirror Celeb - 🏆 476. / 51 Read more »
71 Fantastic Thanksgiving Pie Recipes: Apple, Pumpkin, Pecan, and BeyondIt's the most important part of the meal!
Source: epicurious - 🏆 114. / 63 Read more »