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Illustration: Rebecca Zisser/Axios

Apple on Wednesday said that its services business, which includes software for things like news, gaming, apps, music and video, had its best ever year in 2019.

Why it matters: Apple has been focusing on growing its services business as iPhone sales have drooped.

  • “2019 was the biggest year for Services in Apple’s history. We introduced several exciting new experiences for our customers, all while setting the standard for user privacy and security,” said Eddy Cue, Apple’s senior vice president of Internet Software and Services in a statement.

Backdrop: 2019 was a transformative year for Apple's services business. The tech giant introduced a gaming service called Apple Arcade, a subscription video service called Apple TV+, a subscription news app called Apple News+ and a credit card called Apple Card. It also expanded some of its older software services, like Apple Music and its App Store.

By the numbers: In an effort to showcase its growth to investors, Apple released a slew of engagement numbers for several of its services products. It says:

  • Apple News has over 100 million monthly active users in the U.S., U.K., Australia and Canada.
  • Apple Music now offers over 60 million songs in 115 countries. 
  • Apple Arcade offers users access to a catalog of 100+ new, exclusive games.
  • Apple Podcasts offers over 800,000 shows in 155 countries.
  • Apple Card and Apple Pay are accepted in more than 150 stadiums, ballparks, arenas and entertainment venues.

Yes, but: The company notably did not offer subscription numbers for some of its newer services like Apple TV+, which launched in November with mixed reviews, and Apple Arcade, which launched in September.

Go deeper: Apple pivots to media as iPhone sales fall



Go deeper

Behind GameStop's latest stock surge

Illustration: Aïda Amer/Axios

Back in focus: The meme stock trade.

By the numbers: GameStop finished up 19%, after a wild day that saw shares spike as much as 80%.

AT&T spins off U.S. video business via deal with TPG

Photo: AaronP/Bauer-Griffin/GC Images

AT&T is spinning off three of its video services, including its satellite TV brand DirecTV, to create a new standalone video company called New DIRECTV.

Details: The company will be jointly owned by AT&T and private-equity giant TPG. AT&T will retain a 70% stake and TPG will own 30% of the firm.

Updated 1 hour ago - Sports

Ex-USA Gymnastics coach dies by suicide after being charged with human trafficking

John Geddert. Photo: AFP via Getty Images

The body of John Geddert was found on Thursday, just hours after the former USA Gymnastics coach was charged with 24 counts of criminal misconduct, according to Michigan Attorney General Dana Nessel.

What they're saying: “My office has been notified that the body of John Geddert was found late this afternoon after taking his own life. This is a tragic end to a tragic story for everyone involved," Nessel said in a statement.