With $20.9 billion in Services revenue, Apple now has almost double the paid subscriptions across its platforms versus three years ago.
Apple is nearing one billion paid subscriptions as Services keeps on rising
Revenue
Apple’s already signed up many publishers for a news service with a 50:50 revenue split
Major newspaper publishers have balked at Apple's proposed terms for an upcoming news subscription service but according to a new report, a bunch of publishers have already signed up for the service with a 50:50 revenue split.
Netflix is testing how to bypass iTunes billing
Streaming giant Netflix is reportedly looking into ways to break free from Apple's revenue sharing scheme by bypassing iTunes billing altogether.
App Store to eclipse worldwide box office revenues sometime this year
App Store revenues may become bigger than the entire worldwide movie-making business sometime this year, with both industries likely to hit the $40 billion mark in the near future.
Google may have paid Apple $3 billion to remain default iPhone search engine
Google is paying Apple an estimated $3 billion per annum, or more, in order to remain the default search engine on iPhone, iPad and iPod touch devices, according to a new analysis from Bernstein analyst Toni Sacconaghi cited by Business Insider.
Super Mario Run: new Easy mode, 78 million downloads, $53 million revenue
Nintendo said Tuesday that Super Mario Run for iPhone has managed to rack up 78 million downloads and generate about $53 million in revenue since its December debut on App Store, a performance analysts said was better than expected, reported The Wall Street Journal.
The game's most recent update brought out a new Easy gameplay mode which lets players explore the level at their own pace, without the timer.
The update also adds support for the Korean language and compatibility with new events while bringing changes to the game's Toad Rally mode, which now makes Toads easier to collect by reducing penalties for poor performance.
Why Apple shouldn’t pass on the rumored Jet White iPhone 7
On Tuesday, Apple afficionados were treated to a new wave of white shell iPhone 7 mock-ups and purported leaks hitting the internet, advancing the notion that the Cupertino-based company could plan to release a white counterpart to their Jet Black coating some time around March 2017.
From an aesthetic standpoint, everyone is going to have their two cents on the necessity of it in the grand scheme of things. Simply by moving the discussion from the fashion sphere to the finance department though, the ambivalence in regard to whether or not this iPhone release is genuinely necessary quickly crumbles and clearly comes down on one side of the fence.
As we will learn in late January, Apple’s first quarter of the fiscal year 2017 is going to look after itself nicely, but in view of the Q2 figures and a long summer following, Jet White definitely needs to happen. Two key reasons must be paid attention to in order to understand the imperative of a Jet White iPhone for a healthier bottom line in the fiscal year of 2017.
A watershed moment in App Store’s history: China displaces U.S. as #1 app market by revenue
Some quite interesting data points in a new report from app marketing firm App Annie suggest that China has now overtaken the United States as Apple's top market for iPhone, iPad and iPod touch apps, with a fifteen percent higher App Store revenue than the U.S. in the September quarter.
Chinese users spent more than five times the amount they spent just two years prior in the App Store.
In July, App Store hit highest-ever monthly billings and money paid to developers
According to Apple CEO Tim Cook himself, the App Store has set a new record in July with highest-ever monthly billings and money paid to developers. Developers have now earned over $50 billion from sales of their apps since the App Store's debut in the summer of 2008—and that's after the company's standard thirty percent cut on all App Store proceeds.
The CEO took to Twitter to congratulate developers on their “success and such inspired creativity”.
TSMC’s Q3 revenue expected to climb to a record high on strong iPhone 7 A10 chip orders
Citing market forecasts quoted by the Commercial Times newspaper, Taiwanese trade publication DigiTimes reported Monday that shares of Taiwan Semiconductor Manufacturing Company Limited (TSMC) could hit record levels thanks to orders for the Apple-designed 'A10' system-on-a-chip, the engine that will drive the next iPhone and iPad. TSMC just posted strong numbers for the second financial quarter.
Big increase in Apple spending suggests major new products incoming
For those of you still skeptical that Apple is gearing up for a blockbuster fall, check out this report from Morgan Stanley's Katy Huberty. The analyst dug through its just-released 10-Q filing, and she says it reveals a lot about its upcoming plans.
Huberty explains that the company's significant increase in spending all-but-confirms that we'll see some major new products this year. In fact, its quarter-over-quarter increase is the largest we've seen since it introduced the first iPhone in 2007...
Patent troll VirnetX could win 1% of iPhone and iPad revenues
In March, U.S. District Judge for Eastern Texas Leonard Davis awarded patent holding firm VirnetX with an ongoing 0.98% royalty on iPhone and iPad revenues. Apple has been fighting vigorously to avoid that outcome, but its last-ditch efforts have been unsuccessful. On Friday, the U.S. Patent Trial and Appeal Board denied a creative strategy that Apple used to challenge the patents…