Apple surpasses 2 billion active devices
source link: https://www.cultofmac.com/804835/2-billion-active-devices/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Apple surpasses 2 billion active devices
Apple continues to woo new users and passes another milestone: 2 billion active devices as of February 2023.
Photo: Oleg Ivanov/Unsplash License
Apple’s installed base exceeded 2 billion active devices, as revealed by CEO Tim Cook during Thursday’s earnings call and press release. Although revenue in Apple’s first quarter fell $6.7 billion short of last year’s, the continued growth helped the company achieve what Cook called “a truly incredible milestone.”
Apple: 2 billion devices!
In Cook’s opening remarks during the call, he revealed that just seven years after passing 1 billion active devices, Apple doubled that figure to 2 billion. He cited Apple’s “deep commitment to innovation, incredible customer loyalty and satisfaction, and a large number of switchers” as reasons for the ongoing success.
Apple CFO Luca Maestri continued that theme in his own opening remarks. “Our installed base of active devices grew double digits and achieved all-time records in each geographic segment and in each major product category,” Maestri said, citing “extremely strong” customer satisfaction and loyalty as well.
Not enough for AAPL investors
While the number of active devices continues to climb, the rate of Apple’s growth has slowed down. Although iPad revenue grew 30% last quarter, Mac revenue fell a whopping 29%. And iPhone revenue dropped 8% compared to the same period last year.
Apple’s first quarter came up short compared to the company’s previous holiday quarter. Cook cited three reasons in the call: foreign exchange headwinds, COVID-19-related challenges and “a challenging macroeconomic environment, from inflation to war in Eastern Europe.” These challenges may have contributed to the delayed introduction of the Mac mini and MacBook Pro.
Despite warning investors of a challenging quarter in November, the decline in revenue shook Apple investors.
Recommend
-
42
40 financial projects that run on top of ethereum are now worth a combined $3.3 billion according to data by Coinmarketcap. Compound leads at half a billion with Maker not far behind, the two so accounting for 1/...
-
6
To determine how popular DeFi is today, one has to look beyond decentralized finance on the Ethereum blockchain. Other blockchains have a thriving ecosystem of their own, although some are more “visible” than others. Reaching the $100 billion...
-
5
Microsoft says Windows 10 now on 1.3 billion monthly active devices By
-
6
Windows 10 is now installed on 1.3 billion monthly active devices And year-over-year revenue is up 19 percent By
-
1
Apple surpasses 2 billion active devices / Apple reveals it has 2 billion devices being used by customers, which is up from 1.8 billion last year.By
-
4
Apple's Q4 report: iPhone sales are down, but 2 billion active devices reached
-
5
Metaverse Platform BITNILE.COM Surpasses 500,000 Active Users in First Month of Early Access Launch ...
-
6
Xiaomi’s MIUI surpasses 600 million monthly active users globally
-
1
Windows 11 is Active on Almost Half a Billion Devices
-
6
Spotify surpasses 600 million active users for the first time
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK