Apple says regulatory changes to the App Store are starting to affect growth in its Services business. Speaking during the company’s earnings call, CFO Kevan Parekh said Apple is beginning to feel the impact of changes in the US and in international markets.
The update is notable because the App Store is a major part of Apple’s broader Services segment. Any shift in how the store operates, how transactions are handled, or how platform rules are applied can have a direct effect on the pace of Services growth.
Apple did not frame the issue as limited to one country. Instead, the company pointed to pressure both in the United States and abroad, suggesting that a wider set of regulatory changes is starting to influence the App Store business model.
The comments indicate that regulation is becoming a more visible factor in Apple’s financial outlook. While the company’s Services business remains an important engine for revenue, Apple is now signaling that App Store rule changes are beginning to create a measurable headwind.
