Apple Watches on display at the Apple Store in New York City. Fitness+ is part of Apple’s services unit, which has, for years now, helped to anchor the company’s bottom line. Reuters
Apple Watches on display at the Apple Store in New York City. Fitness+ is part of Apple’s services unit, which has, for years now, helped to anchor the company’s bottom line. Reuters
Apple Watches on display at the Apple Store in New York City. Fitness+ is part of Apple’s services unit, which has, for years now, helped to anchor the company’s bottom line. Reuters
Apple Watches on display at the Apple Store in New York City. Fitness+ is part of Apple’s services unit, which has, for years now, helped to anchor the company’s bottom line. Reuters

Apple aims to extend watch user base with new Fitness+ services


Alvin R Cabral
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Apple has introduced more features on Fitness+, as it aims to solidify the position of its services unit and dominance of the Apple Watch.

The new services include a workout programme, sound meditation theme and further collaborations with artists, aimed at catering to an estimated 100 million Fitness+ users, the iPhone-maker said in a statement.

The features will help users in “restarting after a long break, or looking to take it up a level with a new challenge”, Jay Blahnik, Apple’s vice president of fitness technologies, said.

Fitness+ is part of Apple’s key services unit, which has, for years now, helped anchor the company’s bottom line amid a decline in sales of its iPhone and the overall smartphone market.

In its latest fiscal fourth quarter, Apple posted a year-on-year net profit growth of 10.7 per cent – 15.6 per cent up on a quarterly basis – to more than $22.95 billion, driven by both services and iPhones.

Net sales of services in the three months ended September 30 hit $22.31 billion, up about 16.3 per cent annually.

That was “another strong performance in its services business”, Investing.com senior analyst Jesse Cohen had told The National.

For 2022, health and fitness apps across all platforms registered revenue of about $4.12 billion, accounting for about 15 per cent of total health and fitness technology revenue, latest data from industry tracker Business of Apps showed.

Apple Fitness+ had the most users by active users at 100 million during that year, attributed to the popularity of the Apple Watch, the report said.

The Apple Watch has steadily maintained its lead in the smartwatch market since 2018. Its market share was 22 per cent as of the third quarter of 2023 – and shot up as high as 40 per cent in the fourth quarter of 2020 – data from Counterpoint Research and Statista shows.

Fitness+’s new workout programme, Strength, Core and Yoga for Golfers, features the rising Rose Zhang.

The Artist Spotlight Series, meanwhile, will feature new workouts from American singers Rihanna and Britney Spears, and Irish band U2.

And in the lead-up to Super Bowl LVIII, workouts will feature Usher, who will perform at half-time of the National Football League’s championship game.

The Time to Walk service, on the other hand, will feature new guests, with episodes to be available on Apple Podcasts. Fitness+ subscribers can access 50 episodes at launch on Apple Podcasts with the guest’s audio.

The specs

Engine: four-litre V6 and 3.5-litre V6 twin-turbo

Transmission: six-speed and 10-speed

Power: 271 and 409 horsepower

Torque: 385 and 650Nm

Price: from Dh229,900 to Dh355,000

Tips for newlyweds to better manage finances

All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.

Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.

Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.

Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.

Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.

Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.

Updated: January 13, 2024, 1:04 PM