Never miss a story

Get subscribed to our newsletter


×
The company saw all-time records in many of its Services categories -- App Store, Apple Music, Video, cloud services, its App Store search ad business, AppleCare, Apple TV Plus, Apple Arcade, Apple News Plus and Apple Card. Pixabay

As iPhones sale dip amid supply and demand uncertainties, Services segment is following a different trend for Apple, with strong year-over-year growth of 17 per cent for the brand and setting a new all-time revenue record of $13.3 billion in the company’s second quarter results.

The company saw all-time records in many of its Services categories — App Store, Apple Music, Video, cloud services, its App Store search ad business, AppleCare, Apple TV Plus, Apple Arcade, Apple News Plus and Apple Card. According to Luca Maestri, Apple’s CFO, new services like Apple TV Plus, Apple Arcade, Apple News Plus and Apple Card continue to add users, content and features while contributing to overall Services growth.


“App Store revenue grew by strong double digits, thanks to robust customer demand for both in-app purchases and subscriptions. Our third-party subscription business grew across multiple categories and increased over 30 per cent year-over-year, reaching a new all-time high,” Maestri informed during an earnings call on Thursday.

Please Follow NewsGram on Twitter To Get Latest Updates From Around The World!

“Apple Music and cloud services, both set all-time revenue record and AppleCare set a March quarter record. Paid subscriptions for all three of these services were up strong double-digits,” he added. The number of both transacting and paid accounts on Apple digital content stores reached a new all-time high during the March quarter.

Apple now has over 515 million paid subscriptions across the services on its platform, up 125 million from a year ago. “On a sequential basis, paid subscriptions grew by over 35 million. This is the highest sequential growth we have ever experienced. With this momentum, we’re confident we will reach our increased target of 600 million paid subscriptions before the end of calendar 2020,” said Maestri. Apple CEO Tim Cook informed that Apple News reached 125 million monthly active users.


As iPhones sale dip amid supply and demand uncertainties, Services segment is following a different trend for Apple, with strong year-over-year growth of 17 per cent and setting a new all-time revenue record of $13.3 billion in the company’s second quarter results. Pixabay

“We let customers skip payments without incurring interest on Apple Card for March and April in light of financial hardship for many families. We worked with everyone from Oprah to Lady Gaga to inform, entertain and give back through Apple TV and services like FaceTime and Messages set new all-time records for daily volume during this quarter,” Cook told the analysts.

Wearables, Home and Accessories segment also established a new March quarter record with revenue of $6.3 billion, up 23 per cent year-over-year. Apple Watch continues to expand its reach as over 75 per cent of the customers purchasing Apple Watch around the world during the quarter were new to the product, according to Maestri.

ALSO READ: Global Smartphone Market Witnesses Substantial Decline Due To Coronavirus Pandemic

Mac revenue was $5.4 billion and iPad revenue was $4.4 billion. Towards the end of the quarter, Apple launched a brand new iPad Pro that includes a first in class LiDAR scanner with some really exciting augmented reality applications and MacBook Air with significantly improved performance at a lower price. “We’re very pleased with the strong customer interest for both products,” Maestri added. (IANS)


Popular

VOA

This photo provided by the U.S. Attorney's Office for Utah shows fentanyl-laced fake oxycodone pills collected during an investigation

WASHINGTON — U.S. federal law enforcement agencies and Europol announced dozens of arrests to break up a global operation that sold illegal drugs using a shadowy realm of the internet.

At a Department of Justice news conference Tuesday in Washington, officials said they arrested 150 people for allegedly selling illicit drugs, including fake prescription opioids and cocaine, over the so-called darknet. Those charged are alleged to have carried out tens of thousands of illegal sales using a part of the internet that is accessible only by using specialized anonymity tools.

Keep Reading Show less
Photo by Benjamin Dada on Unsplash

Currently, when users set up WhatsApp Pay in India, the service only verifies the phone number linked to your bank account to enable UPI-based transactions

Facebook-owned WhatsApp may soon ask users to verify their identity to make payments on the platform. According to XDA Developers, new strings spotted in the latest WhatsApp beta release suggest that the messenger will require users to upload verification documents to continue using payments on WhatsApp. Currently, when users set up WhatsApp Pay in India, the service only verifies the phone number linked to your bank account to enable UPI-based transactions. In Brazil, the messenger uses Facebook Pay to validate users' credit or debit cards to facilitate payments.

At the moment, the service doesn't require users to submit any identity verification documents to make payments. However, that might change soon, the report said. WhatsApp v2.21.22.6 beta includes a few new strings which suggest that users might have to submit identity verification documents to continue using payments.

The identity verification might be limited to those who use WhatsApp Pay to receive payments for their businesses. UPI-based apps, like Google Pay, PhonePe and even WhatsApp Pay don't require users to submit any documents to transfer or receive money. However, wallet apps like PayTM do ask for KYC verification as per RBI guidelines.

WhatsApp is yet to make an official announcement regarding this change. Since the new strings have just made their way to the beta version, it might be a while before the company reveals any details, the report said. (IANS/ MBI)


Keep Reading Show less
Photo by Chelson Tamares on Unsplash

Practising good nail hygiene involves following a systematic process to ensure the longevity of our nail health.

By Rajesh U. Pandya

Although the world is recovering from coronavirus pandemic, we must not lower our guards and stay alert when it comes to hand hygiene to curb the spread of the deadly virus. But are we paying sufficient attention to our nail hygiene? Our nails are the index of well-being for our entire body. The manifestations of several critical diseases were first detected within the dirty nails.

The ignorance towards our nails becomes the breeding ground of harmful bacteria. These germs enter our body through our hands because in India we eat through our bare hands. Therefore, nail hygiene is crucial and without it hand hygiene is incomplete.

Practising good nail hygiene involves following a systematic process to ensure the longevity of our nail health. It includes ensuring that food particles, dirt and dust are not sticking to our nails and there is no build-up of nail bacteria. Thankfully, contrary to popular belief, it is not that difficult to maintain good nail hygiene. A little diligence, awareness and attention are sufficient to keep our nails healthy.

Avoiding nail hygiene makes you prone to viral infections
Due to constant negligence towards the cleanliness of the nails, many serious issues like bacterial and viral infections arise. Often these lead to serious health problems. Our hand hygiene is not perfect till the time we clean the undersides of our nails besides washing hands regularly. Most people don't mind sharing nail clippers with others. This is however an extremely unhygienic practice. When we don't share any of our personal hygiene products then why do we share our nail clippers? Nails harbour abundant germs, bacteria and viruses and sharing nail clippers is equivalent to exchanging those microorganisms.

microscopic organisms Nails harbour abundant germs, bacteria and viruses and sharing nail clippers is equivalent to exchanging those microorganisms.| Photo by CDC on Unsplash

Keep reading... Show less