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Apple Inc (AAPL): iCloud User Base Up 26.7% From Last Quarter

Apple Inc (NASDAQ:AAPL) reported a bevy of information in its Q4 financials today, and while the Street is focusing on an EPS number that was below its target, the company still had plenty of impressive things to say this afternoon. During the call, Apple execs shared with listeners that iCloud, Apple Inc (NASDAQ:AAPL)’s cloud storage service for photos, music, documents and just about any other data under the sun, had surpassed the 190 million user mark. Best yet, these measurements were of “active users,” and while it hasn’t been made clear exactly how active this 190 million user base has been, Apple’s broad-based totals are encouraging to say the least.

Should this Concern Apple Inc. (AAPL) and Google Inc (GOOG)?

This figure marks a 26.7% increase from last quarter, where Apple Inc (NASDAQ:AAPL) reported that 150 million were using iCloud, and investors can expect continued growth. Tomorrow marks the date when Apple releases its newest version of Mountain Lion, with more iCloud connectivity than ever before. The iPad Mini also has deep iCloud integration, but don’t take our word for it, check out Apple Inc (NASDAQ:AAPL)’s newest “Harmony” ad about the service. Enjoy:

Let us know your thoughts about Apple Inc (NASDAQ:AAPL)’s ever-growing presence in the cloud data storage arena with iCloud. All opinions are welcome.

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