There are more than 1.4 billion active Apple devices, including iPhones and all other Apple products.
The change is another example of how the company is trying to shift investor focus to the fastest-growing business segment
Services revenue rose 19.1 percent year-over-year in the December quarter, and Maestri added that Apple's subscription services, such as iCloud and Apple Music, "outperform Apple's average." "
In contrast, iPhone revenue fell 15 percent.
When Apple talks about the installed base, Apple reminds investors that there are nearly a billion free-living iPhones generating recurring revenue through subscription services or through transactions such as purchases in the App Store or via Apple Pay As the smartphone market in China is increasingly saturated and harder to compete with lower-priced models, it may be easier for Apple to grow, by everyone this user earns a little more money than by raising the average or average iPhone price.