Apple reported its earnings after market close yesterday (April 26), and as expected took a hit after iPhone sales were down — and as a result saw a quarterly sales dip for the first time in 13 years.
But beyond earnings, Apple CEO Tim Cook gave everyone a taste of how well Apple Pay is doing. But in true Apple fashion, he tossed out some big numbers without a lot of context as to what it means for its mobile payments growth.
Here’s what he did share:
1 Million | The number of users at which Apple Pay is reportedly growing per week.
2.5 Million | The number of U.S. merchant locations where Apple Pay is accepted, according to Cook.
5X | The rate of transaction volume growth Apple Pay is seeing, compared to a year ago.
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51.2 Million | How many iPhones Apple sold in Q2, which was down 10 million phones from the year prior.
$32.9 Billion | Apple’s Q2 revenue, versus $40.3 billion in Q2 2015.
