Apple News user-base breach 100M, App Store sales rise

Apple Inc’s news service has reached 100 million monthly active users and customers spent more than $1.4 billion in the App Store between Christmas and New Year, the latest signs of growing revenue from the iPhone maker’s services business.

With the demand for smartphones and other hardware peaking, Apple has been striving to boost sales from purchases of apps and subscription services like its newly launched Apple TV+ streaming service or Apple Care maintenance packages.

The company said that between Dec. 24, 2019, and Jan. 1, 2020, its customers spent $1.42 billion in the App Store, a 16% increase over the previous year, and $386 million on Jan. 1 alone, a 20% increase.