Apple Inc on Wednesday said it's Apple News service has reached 100 million monthly active users versus 85 million a year prior, demonstrating growth in a key services business that is being closely watched by investors as iPhone sales decline.
The users come from the United States, United Kingdom, Canada and Australia, Apple said. Apple also offers a paid version of its news service called Apple News+ for $9.99 per month but did not disclose subscriber numbers.
The company said that between Dec. 24, 2019, and Jan. 1, 2020, its customers spent $1.42 billion in its App Store, a 16% increase over the previous year, and $386 million on Jan. 1 alone, a 20% increase.
Apple launched several new services in 2019, including a streaming video service called Apple TV+, a video game service and a credit card.
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