Spotify might have been more than a little worried when Apple Music launched last June, but the rivalry has so far been beneficial for the streaming music pioneer. Spotify revealed today that it has grown even faster over the past year.
Although iOS 8 got off to a slower start than iOS 7, it’s finally starting to rebound. New numbers suggest that over half of all customers have upgraded to iOS 8. But all’s not well yet. In fact, iOS 8 uptake is pretty much stagnant.
Apple submitted its annual 10-K report with the SEC today, which summarizes the company’s growth over the last year. Reading the report shows an amazing amount of growth for the Cupertino-based company across all areas of its business: retail, research and development, and square footage it owns.
Apple CEO Tim Cook and CFO Peter Oppenheimer presented the results of the company’s spring 2012 quarter. The quarter included extensive growth for the iPhone, iPad, and Mac product lines though iPod sales declined 10% from the same quarter a year ago.
Here are the financial numbers delivered during the call.
The Instagram phenomenon continues to captivate mobile users across the globe and now generates over 5 million new users a week, according to its API. Those are absolutely amazing numbers for the once iOS exclusive photography sharing app that now boasts over 50 million total users thanks to its recent launch on Android. With numbers like this, it’s no wonder Facebook reached deep in their pockets to snatch them up.