TechThe Wrap1h ago
Apple reports Q4 revenue from Services
Apple reports Q4 revenue from Services, which includes the App Store, Apple TV, Apple Music, iCloud, and more, grew 10% YoY to $31.57B, vs. $31.58B est.
TL;DRApple's Services hit $31.57B, slightly missing estimates; total revenue beat expectations at $114.48B.
Why it matters: Services is Apple's highest-margin business; even modest growth signals steady recurring revenue and ecosystem lock-in strength.
The tech conglomerate beat Wall Street expectations with revenue hitting $114.48 billion — Getting your Trinity Audio player ready...
Read full articleSource: The Wrap · Opens in new tab