And after that, we'll open the call to questions from analysts. In the trailing fiscal year, Apple appeared on the list as the top tech company. And I'm very proud to say that nearly 16 years after launching the iTunes store, we generated our highest quarterly music revenue ever thanks to the great popularity of Apple Music now with over 50 million paid subscribers. We did amaze in years and years. Apple shares were up 6.
Our 2020 goal remains unchanged. Price at the end 175, change for December 2. Alongside peer entities such as Atari and Cisco Systems, Apple was featured in the documentary , which premiered in 2011 and explored the three-decade era that led to the establishment and dominance of Silicon Valley. It offers multi-touch interaction with multimedia formats including newspapers, e-books, photos, videos, music, word processing documents, video games, and most existing iPhone apps using a 9. In May 2017, Apple refreshed two of its website designs.
Earnings Estimates, Analyst Ratings and Key Statistics provided by. In our case, it's providing maps services, providing Siri, and providing free iCloud to all the customers that purchase our product. The 2019 phone could have three rear cameras, compared to the current two, and the 2020 model may have a rear 3D camera system, whereas the current version only has a front 3D camera, the report said. Furthermore, by early 2007, 800,000 Final Cut Pro users were registered. Then we took Apple Pay to Safari. Justice Neil Gorsuch considered that the prior decision from Illinois Brick may need to be overturned at the federal level, as at least 30 states have rejected the Illinois Brick doctrine.
During the Mac's early history Apple generally refused to adopt prevailing industry standards for hardware, instead creating their own. In January 2007, Jobs renamed the company Apple Inc. Whereas and make use of and analyze customer information to personalize results, Apple has a strong , intentionally not retaining user data. A replay of today's call will be available for two weeks on Apple Podcast, as a webcast on apple. Apple has remained focused on developing its own hardware, software, operating systems and services to provide its customers with the best user experience possible. The news followed Cook's acknowledgment of the country in July when sales results showed that iPhone sales in India grew 400% during the second quarter of 2013.
It's a demonstration against thoughtlessness and carelessness. On October 22, 2013, Apple introduced the and the iPad Mini with Retina Display, both featuring a new 64-bit Apple A7 processor. Progress gross margin was 34. Insanely Great: The Life and Times of Macintosh, the Computer That Changed Everything. And this is essentially what happened.
It also experienced a significant year-over-year increase in Mac sales. And they're working really hard. Apple stock predictions for October 2020. Maximum value 160, while minimum 142. In fact, more than two-thirds of all customers in China who bought a Mac or an iPad during the December quarter were purchasing that product for the first time. Maximum value 164, while minimum 142.
Additionally, it has been criticized for its alleged collaboration with the U. We provide an advertising service for developers on the app store. I think you've seen that services gross margins increased on a year-over-year basis by a significant amount. During an event on March 21, 2016, Apple provided a status update on its environmental initiative to be 100% renewable in all of its worldwide operations. In response to a query about the devotion of loyal Apple consumers, Jonathan Ive responded: What people are responding to is much bigger than the object. Member of Parliament published research on October 30, 2012, which showed that some multinational companies, including Apple Inc. Also featured was the company's efforts to use sustainable paper in their product packaging; 99% of all paper used by Apple in the product packaging comes from paper or sustainably managed forests, as the company continues its move to all paper packaging for all of its products.
And welcome to the Apple Incorporated first quarter fiscal year 2019 earnings conference call. In particular, the emerging markets which tended to move much more significantly versus the dollar. The 2020 version would reportedly include a laser-powered 3D camera that would improve depth perception to render more accurate augmented-reality overlays. The Cupertino, California-based company was established in 1977 as Apple Computer Inc. Apple has expanded its campuses in concurrently with building Apple Park in Cupertino. In 1998, Apple purchased 's Key Grip software project, signaling an expansion into the editing market.
At its smaller campus, 500 engineers work on next-generation processor chips to run in future Apple products. As of June 6, 2016 , Apple's solar farms in California and Nevada have been declared to provide 217. And the international audience will continue to grow with our first ever bilingual launch in Canada, available to customers later this quarter. We had our best quarter ever from Mac revenue which was up 9%, fueled by our new MacBook Air and Mac mini, introduced in October. We just report that estimated value under the services category.
The forecast for beginning of November 167. Our subscription business has become very large and diversified, covering many different categories from entertainment to health and fitness to lifestyle. The iMac featured modern technology and a unique design, and sold almost 800,000 units in its first five months. Gassée's objections were overruled, and he was forced from the company in 1990. Consistent with our historical cadence, we plan to provide an update on our overall capital return program when we report our March quarter results. During the last few years, as you know, we've launched Apple Music, Apple Pay, an advertising service for our developers on the app store.