Apple says it earned $20.8 billion from 935 million subscriptions in last fiscal quarter • TechCrunch
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Friday, cha cha cha! Friday! Cha cha cha! We’re doing a small, happy two-man conga line around our virtual Daily Crunch editorial Zoom reunion to celebrate the arrival of the first weekend of February. Yes, it looks ridiculous. No, we don’t care even if we took every ounce we had and poured it into the less caring ones.
A few quick questions for startups: If you’re going to MWC, we want to hear from you, and we want your votes for the TechCrunch Early Stage fireside chats, breakout sessions, and panel discussions!
And for today’s Black History Month recommendation, we suggest Michelle Alexander’s The New Jim Crow. It is an extraordinary read that, when published a decade ago, reignited the desire for criminal justice reform and is still as poignant and relevant today. — Christina and haje
TechCrunch’s top 3
- The Big Apple of subscriber bases: Apple may have missed its revenue target (see Big Tech section) for its fiscal first quarter, but the consumer tech giant is exploding bottles and horns after announcing it now has 935 million paid subscriptions on all of its offers. Ivan see you.
- Who’s at the door?: Christina got the inside scoop on Jokr’s new funding round. The grocery delivery company secured around $50 million to boost its valuation, up to $1.3 billion now. Jokr plans to use this funding to double its service in Brazil.
- A tall order for shorts: YouTube’s persistence in getting everyone to watch shorts has paid off: Google says YouTube Shorts has surpassed 50 billion daily views, Ivan reports.
Startups and VCs
TechCrunch Live is back, and Mast is thrilled to have moderated this conversation with Sameer Shariff, CEO and Co-Founder of Cambly, and Sarah Tavel, Partner at Benchmark. During this hour-long event, you’ll hear how Cambly used a failed Series A fundraising to force the company into a cash-positive stance. Of course, once the company has not need outside of capital, it was suddenly available, and the company raised its next two rounds of funding.
And we have five more for you:
Pitch Deck Teardown: Laoshi’s $570,000 Angel Deck
The founders of Laoshi have raised a $570,000 funding round to develop their app, which helps users learn to read and write in Chinese.
To help other very early founders, they shared 15 slides from their deck:
- cover slide
- problem slide
- Market slide
- Solution Slide
- Competition slide
- Roadmap Slide
- Team slide
- Teacher Growth Slide
- Teacher retention slide
- Summary slide
- “Contact Us” Slide
- Appendices cover slide
- Appendix I: Viral effect slide
- Appendix II: Business Model Slide
- Annex III: Slide “The request”
Three others from the TC+ team:
Tech Crunch+ is our membership program that helps founders and startup teams get a head start. You can register here. Use code “DC” to get 15% off an annual subscription!
Big Tech inc.
For all the “Seinfeld” fans, Amanda came across this gem on Twitch, the “Nothing, Forever” AI parody “Seinfeld,” which she notes, “We’ve all seen way too many AI-generated gadgets, but AI isn’t what What’s most interesting about “Nothing, Forever.” It’s the community that has rallied around the stream, making the project feel like this generation’s “Twitch Plays Pokémon.” Enjoy!
Our team was overloaded with income, and now we have a nice collection of ideas from Ford, Apple, and Amazon:
Now here are some unpaid items for your Friday enjoyment: