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Apple cites App Store changes and mobile gaming slowdown for revenue impact

Apple's Chief Financial Officer, Kevan Parekh, stated that changes to the App Store business model and a slowdown in mobile gaming have impacted the company's services revenue. These factors, particularly in certain countries, contributed to the softness observed in the App Store's performance. AI

RANK_REASON The item discusses an executive's statement about business performance factors, rather than a new product release or core AI research.

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Apple cites App Store changes and mobile gaming slowdown for revenue impact

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  1. Mastodon — mastodon.social TIER_1 English(EN) · [email protected] ·

    Apple Says App Store Changes and Mobile Gaming Softness Affected Services Revenue Softness in mobile gaming and Apple's changes to the App Store business model

    Apple Says App Store Changes and Mobile Gaming Softness Affected Services Revenue Softness in mobile gaming and Apple's changes to the App Store business model in some countries impacted the performance of the ‌App Store‌, Apple CFO Kevan Parekh said during today's earnings call.…