Apple released its first-quarter earnings on Thursday, which covers the holiday months, and announced it now has more than 2 billion active devices. The figure encompasses iPhones, iPads, Macs, and other hardware products.
Around the same period last year, Apple shared that it had 1.8 billion active devices. With the company surpassing 2 billion active devices, it has added more than 200 million devices in the past 12 months. Apple’s growth is impressive because its install base has been growing at 100-150 million new devices annually since 2019, according to 9to5Mac. In just seven years, Apple has also seen active devices double from 1 to 2 billion.
“As we all continue to navigate a challenging environment, we are proud to have our best lineup of products and services ever, and as always, we remain focused on the long term and are leading with our values in everything we do,” said Tim Cook, Apple’s CEO. “During the December quarter, we achieved a major milestone and are excited to report that we now have more than 2 billion active devices as part of our growing installed base.”
In the Services department, Apple reported a record-breaking revenue of $20.8 billion, surpassing its 19.5 billion estimates by more than 1 billion. The company was able to achieve the record-breaking figure by delevring more than 150 million paid subscriptions it had a year ago.
“We set an all-time revenue record of $20.8 billion in our Services business, and in spite of a difficult macroeconomic environment and significant supply constraints, we grew total company revenue on a constant currency basis,” said Luca Maestri, Apple’s CFO. “We generated $34 billion in operating cash flow and returned over $25 billion to shareholders during the quarter while continuing to invest in our long-term growth plans.”