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.
How it got here
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