Apple's Services revenue rose 14% year-over-year to $30.0B, driven by Apple TV hit shows, new sports rights deals and expansion of Apple Arcade. The growth strengthens recurring revenue and monetization for Apple, though intensified competition from Netflix and Alphabet could pressure content economics going forward.
Apple's Services revenue rose 14% year-over-year to $30.0B, driven by Apple TV hit shows, new sports rights deals and expansion of Apple Arcade. The growth strengthens recurring revenue and monetization for Apple, though intensified competition from Netflix and Alphabet could pressure content economics going forward.
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