During Apple’s Q3 earnings call today, the company’s Chief Financial Officer (CFO) Peter Oppenheimer announced that Apple now has 150 million iCloud users. This marks a significant increase from the 125 million users cited in its last quarterly earnings call in April.
iCloud User Growth
The growth in iCloud user base is a testament to the increasing popularity of Apple’s cloud-based services. As Apple announced at its annual developer conference earlier this year, iCloud will be tightly integrated into Mountain Lion, the next version of OS X that’s scheduled to launch tomorrow. This integration is expected to further boost the adoption of iCloud among Mac users.
iPhone and iPad Sales
Apple sold 26 million iPhones and 17 million iPads in the last quarter, which has surely contributed to the growth in iCloud users. However, the rate at which iCloud user base is growing lags behind the overall growth in the iPhone and iPad ecosystem.
iTunes Revenue
The company also announced that it made $1.8 billion in revenue from iTunes (music, movies, TV shows, and apps) during the last quarter. This represents a significant increase in revenue from iTunes compared to previous quarters.
iTunes Store Size
During its earnings call three months ago, Apple CFO Peter Oppenheimer announced that there were 28 million songs and 45,000 movies available in iTunes. However, the company did not release any updated numbers for the size of its iTunes music and movie stores today.
iCloud: A Secure and Convenient Service
iCloud is a secure and convenient service offered by Apple that allows users to store their data securely in the cloud. With iCloud, users can access their data from anywhere, at any time, using any device with an internet connection. The service also offers features such as Find My iPhone, which helps users locate their lost or stolen devices.
iTunes: A Popular Destination for Digital Content
iTunes is a popular destination for digital content, offering a vast collection of music, movies, TV shows, and apps to its customers. With the rise in popularity of streaming services, Apple’s iTunes has become an essential platform for users who want to own their digital content.
Apple’s Q3 Earnings Call
The Q3 earnings call was held today, where Apple announced its quarterly results. The company reported revenue of $43.4 billion and net income of $8.5 billion. This represents a significant increase in revenue compared to the same quarter last year.
Key Takeaways
- Apple has 150 million iCloud users.
- iCloud user growth is expected to accelerate with the launch of Mountain Lion tomorrow.
- Apple sold 26 million iPhones and 17 million iPads in the last quarter, contributing to the growth in iCloud users.
- iTunes generated $1.8 billion in revenue during the last quarter.
Related Topics
Apple
iCloud
iTunes
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