Apple’s Services revenue in fiscal fourth quarter tops previous record of $13.3 billion — Apple World Today

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Apple’s total revenue of $64.7 billion for quarter was up 1% year-over-year, which he says is pretty darn impressive considering consider that the company didn’t launch and ship any new iPhone models during the quarter.

“Outside of iPhone, we grew 25% in aggregate and had strong double digit year-over-year revenue growth in each product category,” Maestri says.

Services gross margin was 66.9% down 30 basis points due to the mix. Still, there was 16% growth year-over-year for Services.

Apple Services saw all-time records set for App Store, cloud services, music, advertising/payment services, and AppleCare and set records in every category and country that Apple serves.



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