Apple's services business is now the size of a Fortune 100 company. Speaking to investors and press on Apple's Q3 2017 financial results call, Apple noted that the company's services segment grew 22% over the same time in 2016.
Here's what Cook had to say:
Apple CFO Luca Maestri noted on the call that Apple now has 185 million paid subscriptions across all of its services, with 20 million subscriptions coming in the last 90 days.
For Apple, the services segment includes iCloud, the App Store, Apple Music, Apple Pay, AppleCare, and iTunes. In Apple's third fiscal quarter of 2017, the area accounted for $7.3 billion out of the company's total revenue of $45.4 billion.
Joseph Keller is the former Editor in Chief of iMore. An Apple user for almost 20 years, he spends his time learning the ins and outs of iOS and macOS, always finding ways of getting the most out of his iPhone, iPad, Apple Watch, and Mac.
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