The Recording Industry Association of America (RIAA) has released its annual recorded musicrevenue report, and streaming services accounted for 84% of revenue. Paid subscription service revenue increased 8% to $
He said that total year-over-year revenue would grow in December less than the 8.1% during the September quarter. He added that Mac sales would actually decline in the December quarter on an annual basis. He also said that services would grow year-over-year during the quarter, but would b...
Service revenue is Apple's second-largest source of revenue, accounting for more than 21 percent of total revenue in the quarter. The company announced on Monday that its music platform Apple Music, and streaming platform Apple TV+, as well as Apple One, an all‑in‑one subscription that...
iPhone and Services sales represented the mainrevenuedrivers in 2022. Within the service revenues, the fastest growing sub-segment was the advertisingbusinessApplebuilt on top of the App Store, followed by the Mac, Accessories & Wearables, and the iPad. Apple Distribution In 2023, most ofApple’...
Apple’s total revenue amounted to around 391 billion U.S. dollars in their 2024 financial year, a decrease from the historical record of 394.33 billion U.S. dollars in financial year 2022. Apple’s annual revenue quadrupled in the last ten years. The fiscal year end of the company is Se...
Global smartwatch revenue is expected to grow by 20% in 2022 with a steady growth of shipments until 2027 and Apple Watch is leading the market, while Chinese brands Xiaomi and Huawei are growing fast, according to data released by Strategy Analytics on August 9. Smartwatch leader Apple, ...
The revenue decline in the overall market was caused by a shipment decline of 9% YoY combined with an ASP growth of only 1% in the same period. Commenting on overall market dynamics,Research Director Tarun Pathaksaid, “The low ASP growth is mainly due to seasonality as, for ...
Since the iPhone’s launch in 2007, Apple’s product launches have continuously diversified the company’s revenue sources.This infographic illustrates Apple’s revenue by product between 2007 and 2023, based on the company’s 10-K filings for the period....
Because of intense pressure on revenue after the implementation of new data regulations and Apple privacy features, Meta will rebuild Facebook's ad infrastructure to ensure it can still deliver "high-quality personalized ads."
xApple captured 75% of the premium smartphone market last year, up from 71% in 2021, according to Counterpoint Research. The premium segment grew 1% YoY, contributing to 55% of total global smartphone market revenue for the first time ever. Overall, global smartphone sales were down 12% YoY...