Apple Reports Record Revenue of $81.4 Billion for Q3 FY2021

Apple reported record revenue of $81.4B in the third quarter of fiscal 2021, a 36% increase year-over-year.

Five on Friday: Media Literacy, Podcast Revenue and Lossless Audio

Apple Music announces lossless audio, IAB said US podcast revenue will be $2B in 2023, and YouTube spends $7M to help journalists and newsrooms start

Last year, as the pandemic marched on, Apple’s App store grossed more than $64 billion in sales, beating gross sales for 2019 and 2018.

Apple gives new iPhone buyers free subscriptions, hotels use subscriptions to lure back guests, and Morning Brew wants Business Insider to buy it.

In a gesture of goodwill, Apple has extended the free trial period for Apple TV+’s SVOD subscription service until the end of January 2021.

Apple reports double digit growth in products and services in Q3 FY2020, including growth in subscription services revenue.

Weekly Subscription News, Apr. 11: HBO gives Americas 500 free hours of prem. content, Bustle lays off 24, SF Examiner and SF Weekly cut pay