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Apple CFO Kevan Parekh says Services surpassed 1.5B paid subscriptions, up from 1B in January 2025, but a gaming slowdown and App Store changes hurt growth (Sarah Perez/TechCrunch)
Apple reported its Services business reached 1.5 billion paid subscriptions — a 50% increase from 1 billion in January 2025 — though CFO Kevan Parekh cited gaming slowdown and App Store changes as headwinds limiting growth velocity.
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"Apple Services reached 1.5 billion paid subscriptions, though growth was slowed by gaming industry weakness and App Store policy changes."