Apple may try to increase revenue by doing…something with third-party AI apps
How Apple chooses to monetize and distribute third-party AI applications and agents on iOS will heavily influence the business models of consumer AI developers.
Reported by TechCrunch ·
What happened
During an earnings call, Apple CFO Kevan Parekh suggested the company sees AI revenue opportunities through third-party apps and partnerships, alongside hardware upgrades. While Parekh provided no specifics, investors speculate Apple might offset declining App Store commission revenues by distributing third-party AI agents and taking a cut of their sales.
Who it’s about
- Apple
- Kevan Parekh
- App Store