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Apple Points to Third-Party Apps as a Potential Services Revenue Opportunity

1 reports 1 reporting sources Updated 2 hours ago

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Apple said third-party apps and partnerships could help grow services revenue, but CFO Kevan Parekh did not explain what those opportunities might be. Apple expects services revenue to grow 8% to 9% in the December quarter, including estimated headwinds. Reuters reported that investors are asking whether Apple could distribute third-party AI agents through the App Store and take a share of their revenue; Apple has not confirmed that plan.

Generated by AI from reports · Updated 2 hours ago

Latest development11/3 09:49 (UTC+8)
Apple May Explore New Services Revenue Opportunities Through Third-Party AI AppsTechCrunch · AI

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11/3
  1. TechCrunch · AI
    Apple May Explore New Services Revenue Opportunities Through Third-Party AI Apps

    Apple signaled on Monday’s earnings call that third-party apps and partnerships could help services revenue grow, but CFO Kevan Parekh did not explain what those opportunities might be. Reuters reported that investors are asking whether Apple could distribute third-party AI agents through the App Store and take a share of their revenue. Apple expects services growth of 8% to 9% in the December quarter, factoring in estimated headwinds.

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