With Apple Card we set out to completely reinvent the credit card and enable people to live a
healthier financial life. Our customers are loving all the benefits of Apple Card and we believe
it's the most successful credit card launch ever. One of the things that became apparent to us in
the beginning was a lack of fairness in the way the industry calculated credit scores. When there
were two holders of a credit card, one got the benefit of building a good credit history and the
other did not. We want to reinvent the way this works too. So today, we're happy to announce that
Apple Card will allow spouses and partners to share and merge their credit lines, have equal rights
on their account, and build credit equally. This solution helps deliver financial equity, and it's
a game changer. And Apple Card can now be used by anyone in your family over the age of thirteen,
with optional spending limits and controls for kids. We call this set of features Apple Card Family.
These benefits reflect our ongoing mission to reinvent the credit card and help you and those
closest to you experience a healthier financial life. Now let's talk about Apple Podcasts.
As you know, Apple helped launch the podcast industry 15 years ago. And this is what it looked like.
The day we launched Podcasts in iTunes, we had 3,000 shows in the directory. Today, there are
millions to choose from, and Apple Podcasts is the best place to listen to all your favorites.
And we're making the biggest change to Apple Podcasts since its debut. This starts with a newly
designed Apple Podcasts app. Every show and episode has a beautiful new page making it easy to
follow, listen, and share. We're also introducing Channels to help you find new shows from your
favorite creators. And you'll get recommendations for new channels to explore. We're also
introducing Apple Podcasts Subscriptions, which enables you to unlock new content as well
as additional benefits, like ad-free listening, early access, and much more. So now you can
help your favorite podcasters build their business and fuel their creativity. Apple Podcasts
Subscriptions launches in 170 regions and countries next month. These major updates will make
listening to podcasts easier and more enjoyable than ever before. Now Let's turn to iPhone.