Apple Music Subscriber Growth Sets Quarterly Record
billboard.comApple's services division, which includes Apple TV+, Apple Music and Apple Arcade, set an "all-time record" for the company in the first quarter of 2020, generating more than $13.3 billion in revenue.The tech giant on Thursday released its first-quarter earnings, with total revenues of $58.3 billion, up a modest 1% from a year ago but beating Wall Street expectations.“Despite COVID-19’s unprecedented global impact, we’re proud to report that Apple grew for the quarter, driven by an all-time record in Services and a quarterly record for Wearables,” CEO Tim Cook said in a statement. “In this difficult environment, our users are depending on Apple products in renewed ways to stay connected, informed, creative, and productive."Apple's services.
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