Under Pressure from Services Growth, Apple Looks to Third-Party Apps for New Business Opportunities
5 day ago / Read about 0 minute
Author:小编   

Despite Apple's services business reaching an all-time high, the company is facing mounting growth pressure. Its core App Store is grappling with both stricter regulatory scrutiny and a sluggish mobile gaming market. New regulations and lawsuits in various regions have cut into commission revenue, which has already declined in markets such as the United States. During its earnings call, Apple announced plans to pursue new revenue streams for its services business through third-party apps, citing development opportunities in AI-related fields and third-party applications. Investors are closely watching whether Apple can distribute third-party AI agents through the App Store and take a commission on those transactions. In the September fiscal quarter, App Store performance was essentially flat year over year, while the number of paid subscriptions to third-party apps reached a new double-digit high. Headwinds in the mobile gaming business are expected to persist into the summer fiscal quarter. The company projects services business growth of 8% to 9% for the December fiscal quarter.

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