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Apple Services Revenue Rises 11.6% to Hit New Record

Apple’s services revenue continued to climb in the first three months of 2025 to hit a new record, although at a slower pace than past quarters — and it came in just a hair below analyst expectations. The company overall topped Wall Street estimates for the quarter as investors awaited word on how President Trump’s tariffs might hurt its business. The Services business segment, which includes the App Store, Apple Pay, Apple TV+, Apple Music, iCloud and more, generated a quarterly record $26.65 b...

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