"Apple's Paid Subscriptions Surpass 1 Billion as Quarterly Revenue Increases"

Apple Services, including Apple TV+ and other offerings, has surpassed well over 1 billion paid subscriptions, with record revenue of $23 billion last quarter. CEO Tim Cook highlighted the success of Apple Original Films and acclaimed productions like Martin Scorsese's "Killers of the Flower Moon," which has garnered numerous accolades and boosted Apple's Oscar nominations. The company's revenue of $119.6 billion, up 2%, exceeded expectations, marking a turnaround after four quarters of declining sales, with net profits and iPhone sales also on the rise.