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

Apple hinted at ways that it could spur revenue through third-party "opportunities" during its Monday night earnings call.

Tarun Mottlia

Via TechCrunch

·Excerpt
Apple may try to increase revenue by doing…something with third-party AI apps
Image: Image Credits:Mario Tama / Getty Images

Apple’s services business remains at record levels, but it’s facing growing pressure. The central part of that business, Apple’s App Store, has faced regulatory pressure and a slump in mobile gaming, which have hurt services growth.

However, on Monday’s earnings call, Apple signaled that it may look to boost services revenue through third-party apps. What does that mean, exactly? Unfortunately, it’s not entirely clear.

When discussing how AI could potentially “contribute to revenue growth over time,” Kevan Parekh, Apple’s chief…

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