Behind on Siri, Apple makes a billion dollars from rival AI apps
Apple may just be one of the few firms actually profiting from AI, as its in-app purchase commission revenues through the App Store are expected to exceed $1 billion in 2026. …
Apple may just be one of the few firms actually profiting from AI, as its in-app purchase commission revenues through the App Store are expected to exceed $1 billion in 2026. …
… Apple Quarterly Revenue and Net Profit, as of end of January 2026 On a per-product basis, iPhone grew from $69.1 billion in the year-ago quarter to $85.3 billion. Revenue from iPad also jumped from $7.01 billion to $8.6 billion. …
… Jobs talked about how the company had then had seven consecutive profitable quarters, and had made $200 million the year before. …
… However, the lost revenue is a bigger loss. During Fortnite& 039;s two years on the iOS App Store, Epic hauled in $300 million in revenue. Based on that, it& 039;s easy to justify an estimate of lost revenue in the hundreds of millions of dollars. …