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Apple Services Hits Record $15.8 Billion in Quarterly Revenue

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28.01.2021 - 14:50

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hollywoodreporter.com

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Apple's services division hit an all-time revenue high during the final three months of the year. The group, which accounts for sales from Apple Music, Apple TV+, iCloud, App Store and other software products, had fiscal first quarter revenue of nearly $15.8 billion, up 24 percent from the $12.7 billion it brought in during the same period a year earlier.

The growth in services revenue, a priority for the company in recent years, helped to drive record revenue for Apple, which reported quarterly sales of $111.4 billion.

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