Apple may try to increase revenue by doing…something with third-party AI apps

What happened: On Apple's earnings call, CFO Kevan Parekh said AI offers opportunities across third-party apps and partnerships as well as first-party opportunities, without elaborating. Why it matters: Apple's services business faces regulatory pressure and a slump in mobile gaming, and Parekh said App Store headwinds in mobile gaming are expected to continue into the summer quarter. The December outlook includes headwinds primarily from third-party licensing. Market: -1.8% today ($338.32), +25.1% YTD, 1.5x vol — as of 00:45 UTC Verified: Q3_2026 (Nov 2) EPS $2.10 vs $1.98 est, +6.0% beat; next print ~Feb 1

On Apple's earnings call, CFO Kevan Parekh said AI offers opportunities across third-party apps and partnerships as well as first-party opportunities, without elaborating.

Apple's services business faces regulatory pressure and a slump in mobile gaming, and Parekh said App Store headwinds in mobile gaming are expected to continue into the summer quarter. The December outlook includes headwinds primarily from third-party licensing. Market: -1.8% today ($338.32), +25.1% YTD, 1.5x vol — as of 00:45 UTC Verified: Q3_2026 (Nov 2) EPS $2.10 vs $1.98 est, +6.0% beat; next print ~Feb 1