Apple: iCloud Tops 320 Million Accounts
On Tuesday, Apple impressed Wall Street with quarterly revenue of $35.3 billion vs. revenue estimates of $35 billion. But in addition to the big money and record-setting iPhone sales logged during the June quarter, just as impressive were the numbers shared by Peter Oppenheimer, Apple's Chief Financial Officer, during last night's earnings call.
According to Oppenheimer, the Apple App Store enjoyed some of its most profitable weeks and months during the last quarter, aided by the rapid expansion of available content across iTunes, including 60,000 movies and 230,000 TV episodes.
Apple customers downloaded a staggering 1 billion TV episodes during the quarter and 390 million movies. To save you from doing the math at home, that shakes out to about 800,000 TV shows and 300,000 movies downloaded every day.
Needless to say, with the App Store hitting 50 billion app downloads last quarter, developers saw some pretty hearty paychecks in late spring and early summer. Apple's CFO confirms that roughly $11 billion has been paid out to developers, half of which in just the past year. With some 900,000 apps and climbing now available on iOS, it's a safe bet that the paydays will keep getting bigger.
Also getting bigger is the number of iCloud and Game Center users, Oppenheimer says. There are now 320 million iCloud accounts and another 240 million Game Center accounts.