The mobile payments service of the Cupertino company, Apple Pay, continues its, until now, unstoppable growth. Although it is still only present in a few countries and, in many of them, such as Spain, it is very limited to a few banks, Apple CEO Tim Cook announced a few hours ago that Apple Pay has set new milestones in its evolution by tripling the number of users and increasing the total volume of transactions by 500 percent.
In addition, the head of the company has also used the occasion to communicate that Comcast will soon accept Apple Pay as a payment method, and that the The App Store continues to generate record revenue.
Apple Pay grows, grows and grows non-stop
Last night, Apple announced the financial results for the first fiscal quarter corresponding to the year 2017. During the conference call through which this type of results is communicated to the media, Apple CEO Tim Cook , has announced the achievement of new records for Apple Pay, the mobile payment system of the Cupertino company. At the same time, the company has been proud of the overall growth in its service category, and has confirmed that very shortly, Comcast would begin accepting Apple Pay on the web for bill payments.
Apple Pay on the web is also expanding as an online payment method, beyond mobile devices, and will soon be accepted by Comcast as well, so further growth is expected in the immediate future
This news that Comcast will soon accept Apple Pay as a payment system has come along with new statistics on the use and growth of the bitten apple payment system and other services offered by the company. In this sense, Tim Cook has confirmed that the number of users of Apple Pay has tripled in the last twelve months, at the same time that he has highlighted the billions of transactions that have been made through Apple Pay during the month of December, the most commercial month of the year due to the Christmas holidays. Thus, according to the company, the volume of transactions has increased by 500% compared to last year, and the service is already available in a total of 13 markets hospitalizations after its recent launch to new countries, including Spain at the end of last November.
For Apple Pay on the web, which allows the payment service to be integrated into the payment phase of the "shopping carts" of websites, Apple noted that more than 2 million small businesses are already accepting transaction payments with the service from the Cupertino company, soon to be joined by Comcast, although no exact date has been provided.
The services business continues to grow
But in addition to the reported results regarding Apple Pay, Apple has experienced a new record in revenue from services in general, and noted that your goal is to increase your service business, which now equates to a Fortune 100 company, double in the next four years.
From now on, the services section includes "Content and Digital Services, AppleCare, Apple Pay, licenses and other services." The company has updated its name (formerly "Internet Services") to better reflect the growth of the Apple Music category and unique and original content versus cloud services. In fact, Luca Maestri pointed out that the company expects Apple Music to bring the music business back to growth.
As well the App Store has seen a new revenue record with $ 3.000 billion in December, making it the best month on the App Store.
