In recent days, we are echoing the financial results of large technology companies, to contrast your data with those currently offered by Apple. The last of interest, we find it in the financial results of Spotify. Well, more than in your financial results, in the number of paying subscribers you currently have.
According to the latest financial results that Spotify has announced, the total number of paying subscribers goes from 113 million on September 30, 2019 to 125 million on December 31, 2019, which represents an increase of 12 million subscribers, 4 million per month.
The number of Spotify users, adding subscribers and users of the free version, reaches the 271 million, 31% more than a year ago. Last quarter revenue reached $ 2.000 billion, 24% more than a year ago, with a gross margin of 25,6%.
However, still making losses$ 77 million, losses that have been significantly reduced since it went public a little over a year ago. Spotify's commitment to podcasts is allowing it to increase the number of users of its platform, users who come to Spotify to listen to podcasts and stay to enjoy their favorite music, either by paying or with ads.
The latest official figures we have about the number of Apple subscribers, puts that figure at 60 million, a figure that has not been updated since June of last year, so today there must be a few million more.
A few days ago, Amazon announced that it already has 55 million users of the different services, free and paid, of music that it offers us. YouTube, of which until now we did not know official figures, has 20 million subscribers. Regarding Tidal, nobody knows anything, since it has never announced official figures unless it is publicly traded.
