Wednesday, January 27, 2016

Apple Highlights Its Services, In Nod to Wall Street - Digits - WSJ

Accentuating the positive

"Chief Executive Tim Cook called it “one of the largest service businesses in the world,” adding, “I do think that it’s probably something that the investment community would want to and should focus more on.”

For the first time, Apple put a number on its user base: In the past 90 days, Apple said, roughly one billion devices – including iPhones, iPads, Apple TVs, Apple Watches, Mac computers and iPods — connected to services such as the App Store, iTunes Store and Apple Pay.

Those one billion devices generated $5.5 billion in services revenue for Apple during the three months ended Dec. 26, an increase of 15% from the same period a year earlier. Excluding service contracts bought with a new device, Apple said the quarterly services revenue would be $4.7 billion."
Apple Highlights Its Services, In Nod to Wall Street - Digits - WSJ
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