Apple now has over 860 mn paid subscriptions across services, says CFO

Tech giant Apple has announced that it now has over 860 million paid subscribers across all of its services, which includes Apple Music, Apple TV+, Apple News, iCloud, and more.

Luca Maestri, Chief Financial Officer at Apple, said that the company saw increased customer engagement with its Services during the quarter.

“We now have more than 860 million paid subscriptions across the services on our platform, which is up more than 160 million during the last 12 months alone,” he said during the June quarter earnings call with analysts.

The CFO mentioned that Services had a June quarter revenue record of $19.6 billion, up 12 per cent despite almost 500 basis points of FX headwinds and impacts from our business in Russia and the macroeconomic environment.