Science

Report: Apple hit a record 49% share of global smartphone revenue


Here are the details. Apple Says App Store Changes and Mobile Gaming Softness Affected Services Revenue Softness in mobile gaming and Apple’s changes to the App Store business model in some countries impacted the performance of the โ€ŒApp Storeโ€Œ, Apple CFO Kevan Parekh said during today’s earnings call.

Apple’s services revenue was $30.7 billion, a 12% increase over the $27.4 billion it earned in the year-ago quarter. Though the category saw growth, revenue came in under expectations, prompting analyst questions that led to Parekh’s comments on the โ€ŒApp Storeโ€Œ. We also had some factors that impacted the performance of the App Store. We did see some headwinds in mobile gaming, and then keep in mind, we also made some changes to the App Store business model in certain countries, and in the.

$30.7 $27.4.


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