Category: AAPL
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Apple Sees Surge in Services Revenue Amid iPhone Sales Slump
Apple Inc. reported a notable increase in its services revenue, which has become a critical component of its overall business strategy. For the fiscal year, services revenue climbed to $81.8 billion, marking a 15% year-over-year increase. This growth in services, which includes iCloud, Apple Music, and the App Store, underscores Apple's pivot toward recurring revenue…
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