concise.
OriginalSourceTechCrunchUnited StatesLeanCenterCredibilityPublished01:49 UTCRatings: AllSides, MBFCSourceTechCrunchUnited StatesLeanCenterCredibilityPublished01:49 UTCRatings: AllSides, MBFC

“Apple may try to increase revenue by doing…something with third-party AI apps”

Apple may boost services revenue via third-party AI apps.

Key points

  • Apple's services and App Store face regulatory pressure and gaming slump.
  • CFO Kevan Parekh says AI could boost revenue and enable third-party opportunities.
  • Reuters reports investors wonder if Apple will profit from distributing third-party AI agents.
  • Regulatory changes have reduced App Store commission revenue in several markets.
  • Parekh cites a record number of paid subscriptions and double-digit growth for third-party apps.
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