SUBSCRIBE FOR FULL CONTENT ACCESS: VIEW OFFERS
Connect with us

Digital Economy

Apple’s services division now accounts for 20% of the company’s total revenues

Published

on

Apple has posted revenues of $394.3 billion, up 8% year over year, and operating income of $11.43bn, for fiscal year 2022, ending September 30. While the bulk of the company's revenues came from the iPhone ($205.4bn), and increasing amount of the company's business now comes from its services division, which includes the App Store, Apple Music, Apple TV+, Apple Arcade, iCloud+, Apple News+, and Apple Fitness+. For fiscal year 2022, the Services unit posted revenues of of $78.13bn, up 13% from ...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Creative Industries

Calendar — Week 2, 2026

Published

on

JANUARY 2026 – Jan. 14-17 Eurosonic conference & festival in Groningen, The Netherlands. – Jan. 22-23 Music Ally Connect 2026 at The Brewery in London. FEBRUARY 2026 – Feb. 1 The 68th GRAMMY Awards, organised by the Recording Academy, at the Staples Center in Los Angeles. – Feb. 4-7 MIDEM 2026 at the Palais des Festivals in Cannes, France. – Feb. 12 ASCAP Experience 2026, at the Skirball Cultural Center in Los Angeles. The event is organised by US rights society ASCAP for music creators...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Digital Economy

Digital deals — Week 2, 2026

Published

on

These are some of the digital deals announced in the past weeks:

Universal Music Group and tech company NVIDIA are collaborating “to pioneer responsible AI for music discovery, creation, and engagement.” The new partnership will leverage NVIDIA’s AI infrastructure and UMG’s music catalogue “to enrich and enhance the music experience” of music consumers worldwide. NVIDIA and UMG will engage in collaborative research and development “to promote shared objectives of advancing human music creatio...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Creative Industries

Key figures — Week 2, 2026

Published

on

$4 trillion That’s the market capitalisation of Google parent company Alphabet on January 12, becoming the fourth company to hit ​the $4 trillion milestone after Nvidia, Microsoft and Apple. At the start of the year Alphabet has surpassed Apple in market capitalisation for the first time since 2019, becoming the second most valuable company in the world, noted Reuters. $350 billion That's the estimated market value of AI start-up Anthropic, parent company of the Claude chatbot, after it will clo...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Trending