Apple sounds in a new era of services after a pivotal year

Yolanda Curtis
January 12, 2020

Excitement in entering a new decade, App users spent a total of Dollars 386 Million on New Year's Day 2020 alone, representing a 20% increase over last year, boasting a new single-day record.

Apple's share price grew by 2.4 per cent following the record revenue announcement, closing at a new high for the tech firm on January 8th, 2020.

While the App Store hit new records for Apple, the company says that its Apple Music and iCloud services also witnessed continued growth. "We introduced several exciting new experiences for our customers, all while setting the standard for user privacy and security", said Eddy Cue, Apple's senior vice-president of Internet software and services.

Apple also touted its new Apple TV+ streaming service, saying it was available in 100 countries, but didn't provide any watching figures; nor did it provide figures for Apple Music, its rival to Spotify, though a year ago Apple said it had 60 million subscribers, though that included free trials.

Apple has reiterated once again that a native Apple TV app will be available on LG, Sony and VIZIO smart TVs later this year.

Apple News, the company said, will provide live coverage of "key moments" in the upcoming USA presidential election. So there you go: More countries than content.

Apple TV+ made history as the first streaming platform to receive multiple Golden Globe nominations in its first year. The Apple TV app, meanwhile, now offers over 30 channels. Indeed, Apple has been boasting for some time that its service company is only the size of a Fortune 100 company.

Apple concluded a lucrative year and started the new one off with a huge bang on day one. Apple expanded its Pay service with a new credit card previous year, and Apple said little else about it.

The gaming sector is becoming a very lucrative market.

Apple even partnered with Goldman Sachs to offer Apple Card, a new custom credit card announced in March. Apple will also introduce a contactless student card at more universities in the United States.

Apple News+ offers an all-in-one subscription to hundreds of the world's top magazines and major newspapers. The sector is expected to expand into further industries, providing both economic and consumer benefits.

These were the details of the news Apple eyes deeper integration of ecosystem in 2020 for this day.

The latest data affirms expectations that the iPhone 11 is selling more strongly than its predecessor, particularly in a market that's second only to the U.S. in its importance to Apple's bottom line.

Other reports by iNewsToday