Apple announced that it now has 1 billion paying subscribers to its services and that revenue from these sales has reached an all-time high.
In its third-quarter financial results, reported after the stock market closed on Aug. 3, Apple reported $21 billion in net sales for its services category out of $81 billion in total net sales, meaning that these subscriptions now account for a quarter of the Cupertino, California-based technology company’s total sales.
Yeah, that is pretty crazy. It’s found almost everywhere, soon even grocery shopping will be subscription only.
I remember not that long ago trying, begging, pleading friends and family to hop on with apple. After 10 years, including working as Apple Support for 3 years, I finally got away. I love the quality, the software is so intuitive out of the box and it “just works”.
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Costco?
That is very far from what we’re concerned about.
I mean to me it sounds like they were concerned about more stores becoming like Costco, requiring a subscription to shop there.
I’m worried that’s the endgame for say, Walmart+, I’ve seen a sprinkling of subscriber-only checkout lines and parking spots, I’ll keep an eye out to see how that dial turns in the coming years
when our kitchens are robots and the food delivery packaging etc needs to be compatible. so like 8 years?
My point was that everything is going over to subscription services and eventually it’s going to flood other markets too, such as shopping because it’s a money maker. It’s great Apple is doing well for itself, there was some struggling years, it’s crazy how much they make off subscriptions alone. Not hating on the player, hating the game.