TechFinancial Times1h ago
In filings, Apple acknowledges App Store regulatory changes are
In filings, Apple acknowledges App Store regulatory changes are weighing on its $100B+ services business; US App Store spend fell 6% in Q2, per Sensor Tower
TL;DRApp Store revenue dropped 6% as regulatory changes force Apple to loosen control.
Why it matters: Services revenue is Apple's most profitable segment; sustained declines could reshape the company's financial trajectory.
Court rulings and new App Store rules are beginning to weigh on one of the iPhone maker's profitable growth engines
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