Apple's services business is starting to feel the pain from losing its grip on App Store payments
The Cupertino company reported $30.7 billion in services revenue for the June quarter, a record but below analysts' expectations of $31.4 billion. Gross margin for the division was 75.6%, also below forecasts, according to Visible Alpha. Apple shares fell about 9% in the days after the results. Read Entire Article
We haven't written up this one. TechSpot has the full story — the link below goes straight to it.
This story
This is one outlet's version. Read the fullest account.
- Meta ran ads for a nudify app featuring a porn video with a deepfake closely resembling a prominent US politician; Apple removed the app from the App Store (Wired) wired.com
- Apple’s EU App Store truce: What changed — and who’s still angry? computerworld.com
- Apple overhauls App Store fees in the EU with new unified terms 9to5mac.com
- Apple lowers developer App Store fees in EU for DMA compliance siliconrepublic.com
- Apple overhauls its EU App Store fees, loosens rules for alternative app stores techcrunch.com
- Apple's EU App Store changes are big, and a preview of what's coming in the US appleinsider.com
- Apple squashes EU beef with new App Store rules theverge.com
- Apple unveils new EU business terms from October 1, resolving disputes with the EU, including a new Core Technology Commission and App Store commission tiers (Apple) apple.com
