Wednesday 30 January 2019

Apple Music continues to chase Spotify with 'over' 50 million paid subscribers

Apple might be going through a period of unprecedented revenue decline and surprisingly weak iPhone demand leading to unusual price cuts in certain markets, but the final three months of 2018 weren’t all bad for the Cupertino-based tech giant.

The Services business segment continues to thrive, setting a new all-time revenue record of $10.9 billion in the October - December quarter on the back of stellar results generated across several categories of Services including the App Store, Apple Pay, cloud services, and the App Store search ad business.

CEO Tim Cook took a little ...

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