With the departure of subscription exec Peter Stern, Apple is breaking its Services division down into 3 separate divisions.
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Services revenue
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Apple reported its Q4 FY22 financials. Revenue and net income are up but services revenue is down as a percent of total.
Apple reports record services revenue for Q2 of FY2022 as they face antitrust scrutiny in the EU for Apple Pay.
Despite the COVID-19 pandemic, technology giant Apple reports record Services revenue of $13.3 billion for the second quarter of fiscal year 2020.
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