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by benoau
59 days ago
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You're not wrong that they collect a ton of rent off AI apps, rumours a few weeks back claimed $900m in fees last year with 75% of that just from OpenAI. But services revenue is: - their 36% share of Google Ads for being default search engine, about $21 billion/year of pure profit - their IAP fees, court testimony reveals 75% profit margin - their first-party subscriptions, there's an antitrust about iCloud that alleges 52% of iPhone users are on paid plans and that the profit margins are 80-ish percent! https://9to5mac.com/2026/03/19/report-apple-made-roughly-900... |
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