Liz Schimel joined Apple’s news division in 2018, and was on board during the launch of News+. But the subscription service hasn’t seen much success, and now Schimel has left the company according to a published report on Tuesday.
Apple just can’t stop touting its surging revenue from subscription services. But when it comes to Apple TV+ subscriber numbers, Cupertino is keeping suspiciously quiet.
“2019 was a historic year” for Apple’s services business, CEO Tim Cook said Tuesday during the company’s latest record-smashing earnings call. He then went on to drop specific numbers about services like the App Store and Apple Pay. But when it came to new services like Apple TV+, Cook kept things decidedly vague.
Cook loves to reiterate that Apple TV+ serves as a creative place for the world’s best storytellers. And the story he’s masterfully spinning about the streaming video service is a great big mystery.
Revenue from Apple services reportedly grew 16% year-over-year in 2019 even as sales of iPhones declined. This indicates this company’s growth doesn’t depend on increasing handset sales, according to a market analysis firm.
Investor optimism about Apple’s services may have helped increase its share price almost 2% in the last month.
Apple News+ has been struggling to ramp up its subscriber numbers since launching in March, according to a new report that claims growth has been stuck in neutral for months.
News came out this morning that Apple is considering bundling services like Apple Music, Apple News+ and Apple TV+ together for a monthly fee. At this point, the company might need to do that to get more people onto the Apple News+ platform in order to make it worthwhile for publishers.
Apple is reportedly mulling offering all its entertainment services in one giant bundle as a sort of “Apple Prime.” If true, then a single subscription would include the company’s music, video, and gaming services
This news is apparently leaking from music-industry executive who aren’t thrilled with the idea.
July 1, 2012: Apple shuts down its MobileMe web service, pushing users to switch to iCloud.
Launched in 2008, MobileMe was a subscription-based suite of online services and software created by Apple. It included features like Find my iPhone, a MobileMe photo gallery, chat facilities, online calendar, storage and other cloud-based services. After letting it limp along for four years, Cupertino finally decides to pull the plug, giving MobileMe users until the end of July to remove their data from the service.