As expected, Apple’s Services segment was a hot topic during its Q2 2019 earnings call this afternoon. Apple just unveiled four new services last month, and analysts were keen to know how Tim Cook expects each of them to affect their business.
services Stories April 30
services Stories April 4
App Store Q1 downloads reportedly drop 5% YoY, first decline since 2015 [U]
Ahead of Apple’s earnings call at the end of the month, new data from Morgan Stanley (via Kif Leswing) today reports that App Store downloads have seen a year-over-year quarterly decline for the first time since 2015. However, the firm does note that App Store revenue has still increased.
services Stories March 12
A couple of weeks before Apple announces its long-awaited streaming video service, a firm of analysts has suggested that 100M subscriptions could be ‘a realistic medium-term goal’ for the company. This compares to the roughly 150M Netflix subscribers.
Wedbush cautions that the number is predicated on Apple bringing on board major content partners, as well as purchasing content owners, as it would take too long to rely solely on creating original content …
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services Stories February 3
services Stories January 29
Apple touts Services growth with 85M monthly active Apple News users, 50M paid Apple Music subscribers, 1.4 billion active devices, more
During Apple’s Q1 2019 earnings call today, Tim Cook shared updates on how some of the company’s Services have been growing including details on Apple News, Apple Pay, Apple Music, and more. This comes as Apple reported 19% Services growth YoY for a new record of $10.9B in revenue.
services Stories January 28
Apple’s Services growth is likely to slow during the current quarter, say two separate analyst surveys.
Services revenue is going to be increasingly important to Apple at a time of flat iPhone sales. But while the market does expect Services to continue to grow, the rate of growth is expected to be dramatically slower in the March quarter …