iPhone Crosses 1 Billion Active Units As Tim Cook Talks About Apple’s Plans For New Products
Apple’s quarterly results were announced yesterday alongside a call between press, investors, and Apple’s top dogs. It’s that call where some interesting tidbits normally rear their heads and this time was no different.
Cook also did an interview with Reuters, including the news that Apple has past 1 billion active iPhone users for the first time.
Cook’s news comes as the total number of active devices around the globe topped 1.65 billion, the most ever.
Apple Chief Executive Officer Tim Cook told Reuters in an interview that the company now has an active installed base of 1.65 billion devices, compared with 1.5 billion devices a year ago. Cook also said Apple now has an installed base of more than 1 billion iPhones, an increase over the 900 million the company most recently disclosed in 2019.
While the iPhone might not be seeing the same growth that it once was, services are doing pretty well. Apple is always looking for the next big thing as well, with rumors suggesting an Apple-designed car is on the horizon.
Apple’s CEO told Morgan Stanley’s Katy Huberty that the company looks for markets where it can leverage software, services, and hardware.
The kinds of things we love to work on are those where there’s a requirement for hardware, software, and services to come together. Magic occurs at that intersection.
Cook then went on to say that he believes there are some good opportunities for Apple in the future, although he didn’t give away any specifics that could hint at where Apple is going to go next.
I think that we have some really good opportunities out there and if you look at our current portfolio of products, we still have a relatively low share in a number of very big markets. We feel that we have really good upside there and good upside in the services area, which we’ve been working on for some time.
Apple Car and Apple Glasses have been rumored for years with both getting headlines again recently. Either could be the next big project for Apple.