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Apple eyes AI app income
Apple is looking to capitalize on the spread of third-party AI apps and digital partnerships to boost services revenue, while also encouraging users to upgrade their devices. However, it has not disclosed how it plans to monetize these efforts. The move comes amid regulatory and legal constraints, including rulings related to its dispute with Epic Games and legislation in the United States, Japan and Brazil that has forced the company to allow alternative payment methods. The App Store recorded a record number of paid subscriptions in the quarter ended in September, while third-party apps grew at a double-digit rate. Apple expects services revenue to grow by 8% to 9% in the quarter ending in December.
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