Apple seeks new revenue streams for App Store and hints at third-party AI applications
Chief Financial Officer Kevan Parekh linked AI prospects with the potential for revenue growth through third-party applications and partnerships, without disclosing details.
03 Nov, 13:57Read in Russian
Investors are questioning whether Apple will be able to distribute third-party AI agents via the App Store and take a share of their revenue. The company has not yet announced such a plan.
In the September quarter, App Store metrics were comparable to the previous year, while the number of paid subscriptions reached a record high. At the same time, Apple noted pressure on its services business from regulation and mobile games.
