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Apple Services Growth Hit by Gaming Slump and App Store Rule Changes

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Apple has reported that its services segment faced headwinds due to a slowdown in mobile gaming and shifts in its App Store business model. Court-ordered changes to payment rules in the United States were among the key factors affecting revenue. Despite these pressures, Apple's paid subscriptions crossed the 1.5 billion milestone. The company acknowledged that regulatory and market changes are reshaping how it earns from its digital ecosystem.

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Apple Services Growth Hit by Gaming Slump and App Store Rule Changes · ShortSingh