Pixel Envy

Written by Nick Heer.

Apple Recaps Its Year in Services

Apple:

The App Store is the world’s safest and most vibrant app marketplace, with over half a billion people visiting each week. It remains the safest place for users to find software and provides developers of all sizes access to customers in 155 countries. Since the App Store launched in 2008, developers have earned over $155 billion, with a quarter of those earnings coming from the past year alone. As a measure of the excitement going into 2020, App Store customers spent a record $1.42 billion between Christmas Eve and New Year’s Eve, a 16 percent increase over last year, and $386 million on New Year’s Day 2020 alone, a 20 percent increase over last year and a new single-day record.

Big numbers. Investors sure seem pleased — the stock hit a new high.

Apple News draws over 100 million monthly active users in the US, UK, Australia and Canada and has revolutionized how users access news from all their favourite sources. Apple News+ offers an all-in-one subscription to hundreds of the world’s top magazines and major newspapers.

Apple does not disclose how many paying subscribers they have for Apple News Plus, nor for Arcade or Music. Perhaps it’s simply a matter of disclosure rules regarding the company’s upcoming quarterly earnings report. Of course, there’s another possibility.