News

Apple Hits Two Billion Active Devices Worldwide

The world’s largest technology company has just reached an impressive new milestone, as it has crossed 2 billion active iPhones, iPads, Macs and other hardware devices in use across the globe. This comes as a result of strong iPhone, iPad and Mac sales as well as record services revenue, according to the latest Apple quarter earning reports.

Apple reported quarterly revenue of $117.2 billion, down 5 percent year over year, and quarterly earnings per diluted share of $1.88. More than half of the iPhone’s revenue is now coming from services.

Services is an important area for Apple, as it is expected to grow at a compound annual rate of 15% over the next four years. This is primarily because of the increasing number of subscriptions to apps and services on the iOS platform.

A lot of these users may not be buying new iPhones, but they could be upgrading their existing models as they get older, a trend that analysts and Apple are watching closely. In fact, a third of Apple’s total users have an iPhone that is older than two years old, according to analyst Brian Long.

This is a significant percentage and it is something that is likely to continue, according to Long.

Despite the growing popularity of Android devices, Apple has held on to its lead in global smartphone marketshare and continues to dominate the iOS platform with its iPhone. This is why it’s so important to have a strong ecosystem of services and subscriptions available on iOS. This will allow Apple to retain the momentum it has built over the past decade and continue to grow its business.

Rizwan Ahmad

Rizwan is an avid mobile geek and a gaming lover. He loves to keep a tab on new tech and loves to share the latest tech news and reviews on Smartphones, Gadgets, Apps, and more.

This post was last modified on 3rd February 2023 6:13 pm

Share
Published by
Rizwan Ahmad
Tags: Apple

Recent Posts

Path of Exile: Necropolis Patch 3.24.2 Now Live – Introducing 7 New Scarab Basetypes!

Grinding Gear Games has released Patch 3.24.2 for Path of Exile: Necropolis. The latest update…

2 weeks ago

Choosing A Personal Loan

In today's digital age, the world of personal finance has expanded beyond traditional brick-and-mortar institutions.…

2 weeks ago

A Spotlight on Stealth Games with Velixgame

Within the dynamic realm of video games, the stealth genre is distinguished by its painstaking…

3 weeks ago

What is BTRoblox? Can You Get it on Mobile?

BTRoblox is a popular browser extension that allows you to customize the web interface of…

3 weeks ago

The Kindeman Remedy Comes to PS5, Xbox Series, PS4, Xbox One, and Switch on April 11

Publisher 3D Realms and developer Troglobytes Games have announced that their “blasphemous” management simulation game…

1 month ago

ASRock Unveils DeskMeet X600 PCs and PCH-Free Motherboard, Supporting AMD Ryzen 8000 & 7000 CPUs

ASRock has formally unveiled its contemporary addition to the DeskMeet collection, the X600 PCs, presenting…

1 month ago

This website uses cookies.