Apple's iPhone sales may be down, but the company's Services division, which includes the App Store, iCloud, Music, TV+, and other subscriptions, is still

Tim Cook insists Apple Intelligence is convincing people to upgrade — even if the features are underwhelming so far.

The tech giant’s sales of apps and services helped profit grow 7 percent from a year ago, even as the company contended with slumping sales in China.

Apple reported that it earned a net income of $36.3 billion on revenues of $124.3 billion in the quarter ending December 28, 2024.

Apple Services revenue, which includes the App Store, Apple Pay and Apple Card; subscription services such as Apple TV+, Apple Music and iCloud as well as advertising, reached $26