Apple Services Revenue Misses Estimates as App Store Changes and Gaming Slowdown Weigh on Results
Apple’s fiscal Q3 2026 services revenue slipped to $30.74B vs $31.22B estimates, sending shares down more than 4% after hours. CFO Kevan Parekh blamed slower mobile gaming and App Store model changes tied to a U.S. court order, even as paid subscriptions rose past 1.5B (up from 1B in Jan 2025) and the App Store hit a June-quarter record backed by Apple Ads moving into Apple Maps.