CloudMacRumorsabout 1 hour ago
App Store Changes Hit Apple Services Revenue
2 min read
Apple CFO Kevan Parekh said mobile gaming softness and App Store business model changes in Japan, Brazil, the U.S., and the EU impacted services revenue. Services revenue reached $30.7 billion, a 12% increase, but fell below expectations. The App Store still set a June quarter revenue record.
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