There's terrible news for apple users in china. apple's chinese data center partner has transferred icloud data, belonging to 130 million china-based users, to a cloud storage service managed by a state-owned mobile telecom provider—raising concerns about privacy.. Fortune's curated selection of tech stories from the last 24 hours. sign up to get the round-up delivered to you each and every day. * apple ceo tim…. Apple returned to increasing revenue in the holiday quarter and said that its growth rate could accelerate in the coming months, as iphone sales rebounded around the world. revenues from the app.
Apple's services revenue growth went mostly un-noticed until apple ceo tim cook said in 2016 that he predicted that the segment alone would be the size of a fortune 100 company before the end of 2017.. Once we add in itunes, licensing, applecare, icloud revenue and more, it becomes readily apparent that revenue from apple services is poised to explode in the years ahead.. Still, it was enough to drive apple’s iphone revenue up 20 percent last quarter, to nearly $30 billion — despite shipment growth of less than 1 percent, to 41.3 million iphones..