Apple earns all-time high $11.46 billion revenue from services
Apple has shared its official Q3 2019 earnings results, announcing $53.8 billion of revenue and $10.04 billion profit during the third fiscal quarter of 2019.
The quarter has seen Apple earn an all-time high $11.46 billion revenue from its services category, which includes iTunes, the App Store, the Mac App Store, Apple Music, Apple Pay, AppleCare, and more.
Apple’s Q3 2019 service category earnings are up from $10.17 billion in the year-ago quarter and $11.45 billion in the second quarter of 2019.
The results set new all-time records for AppleCare, Apple Music, App Store search ads, and more, along with a new third-quarter revenue record for the App Store, with Apple seeing double digit services revenue in all five geographical segments.