Payments, cloud services contribute to Apple’s $23B services revenue
BankInovation
MAY 3, 2024
Tech giant Apple reported record revenue from its services businesses, which include payments and iCloud, and is going knee-deep in its generative AI foray. “We We set an all-time revenue record in services with $23.9 billion, up 14% year over year,” Chief Executive Tim Cook said during the company’s second- earnings call May 2.
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