Apple's Services Growth Slowed by Gaming Decline and App Store Changes
WHO:
Techmeme - Apple CFO Kevan Parekh
WHAT:
Techmeme - Apple surpassed 1.5 billion paid subscriptions for its services business.
TechCrunch - The number of paid subscriptions increased from 1 billion in January 2025.
WHY:
TechCrunch - A slowdown in mobile gaming and changes to the App Store’s business model negatively impacted Apple's services growth.
TechCrunch - Court-ordered payment rule changes in the U.S. affected the App Store's business model.
(UPDATED July 31, 2026 02:56 UTC)
Apple has officially surpassed 1.5 billion paid subscriptions for its services business, a significant increase from 1 billion in January 2025. This growth comes despite challenges such as a slowdown in mobile gaming and recent court-ordered changes to the App Store's business model that have negatively impacted Apple's services growth. The announcement was made by Apple CFO Kevan Parekh during a report on Techmeme.