Apple is now expected to exceed $400 billion in annual revenue in 2024, with this record high driven by all of its hardware such as the iPhone, plus another record high for Services.
With hardware sales slowing, Apple shifted to expanding its digital services offerings to generate billions each quarter. One service stands out as the clear leader.
Green Dot Bank, an Apple financial partner for Apple Cash and other services, has been fined $44 million by the Federal Reserve over its tax-preparation service. The penalty is unrelated to its role in any Apple services.
In a new interview Eddy Cue has spilled the beans on what his daily use hardware is, what Apple execs actually do, and like the most.
Apple isn't releasing Apple Intelligence and other major operating system changes in the EU, because of Digital Markets Act interoperability mandates.
Wedbush continues to be impressed by Apple, raising its price target for the iPhone maker from $240 to $250, a second rise in a three-month period.
In Apple's latest earnings report, CEO Tim Cook says that Services had their best revenues ever, and that iPhone revenues hit a quarterly record.
On Thursday, Apple announced its fiscal third-quarter earnings and in a surprise announcement has declared that it has hit the milestone one billion paid subscriptions landmark across Services and the App Store.
Analysts at investment firm Wedbush have raised their Apple target price by $15, based on predictions of success for the Vision Pro headset, iPhone 15 range, and Apple services.
Apple CEO Tim Cook gave encouraging results for its Services business, saying the company is nearing one billion paid subscriptions, nearly double from three years ago.
The iPhone will be a steady and stable revenue generator for Apple's second fiscal quarter of 2023, according to analysts at Wedbush, with increased demand in China helping prop up the earnings.
Carriers in the US offer free perks for choosing them as your wireless provider. Here's how to check for unclaimed benefits for Apple Services on your iPhone and iPad.
The profitable Apple Services business generates more revenue than Intel, American Airlines, and massive US companies.
Amidst a downturn in most hardware categories, Apple set a new record for its Apple Services business, beating Wall Street's expectations for the segment.
Despite seeing its Services arm grow at a steady pace over the years, analysts believe Apple is still considered a device producer, with middling take-up of its various non-hardware elements by customers.
While retaining its advice to buy Apple stock, Rosenblatt Securities has reduced its target price by $24, citing iPhone production delays and "macro services headwinds."
As senior vice president of Apple Music, Apple TV+ and more, Eddy Cue is celebrating a milestone number of subscribers, and what he describes as a 'groundbreaking year' for apps, music, TV.
Peter Stern, an Apple executive who helped build Apple TV+ business operations, is leaving Apple amid reorganization.
Apple services growth has slowed to single-digit percentages, all while the company seeks new revenue sources from subscription price hikes, advertisements, and new developer fees.
The number of people paying for subscriptions on Apple platforms now exceeds 900 million, up from 816 million one quarter ago.
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