Apple Hits Milestone of 2 Billion Active Devices As Services Set New Revenue Record

In its quarterly earnings report today, Apple said the company passed the 2 billion device milestone while Services have hit a new revenue record. Apple saw a dip for its Q1 2023 fiscal quarter with just over $117 billion in revenue. That’s down 5% YoY — with the compare being its all-time record for fiscal Q1 in 2022 which saw $123.95 billion in revenue. However, the company pointed out two bright spots with 2 billion of its devices now in use and a fresh revenue record for its Services.

Last year at this time Apple shared it hit 1.8 billion active devices. That means it added more than 200 million Apple devices in the last 12 months to surpass the 2 billion mark. That’s impressive since its installed base was growing by around 100-150 million new devices per year since 2019. And active devices doubled from 1 to 2 billion in just seven years. As for the Services, it saw a record $20.8 billion in revenue for the quarter, slightly beating the $19.5 billion estimate.