Apple Made Nearly $1 Billion Last Year From a Technology It Doesn't Even Lead - Here's Why
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Apple Made Nearly $1 Billion Last Year From a Technology It Doesn't Even Lead - Here's Why
"Apple charged AI companies fees to reach users through the App Store, pulling in nearly $1 billion last year from AI apps like ChatGPT and Claude. About 75% of that revenue came from ChatGPT, which has 900 million weekly active users."
"Apple's revenue from AI apps jumped from about $35 million in January 2025 to a peak of $101 million in August, but sales have since slipped due to tapering ChatGPT downloads."
"Apple's total revenue for fiscal year 2025 was $416 billion, a 6.4% increase from the previous year, with 850 million average weekly users on the App Store globally."
"Apple's quest to upgrade Siri with AI has faced challenges, leading to a delay in its overhaul. The new Siri will feature better contextual awareness and improved capabilities to handle user requests."
Apple has capitalized on the AI boom by charging companies like OpenAI and Google fees to access users through the App Store, generating nearly $1 billion last year. Approximately 75% of this revenue was derived from ChatGPT, which has 900 million weekly active users. Despite a peak in revenue from AI apps, sales have declined due to a drop in ChatGPT downloads. Apple is projected to exceed $1 billion in AI revenue this year, leveraging its position as a gatekeeper for over 2.5 billion active devices.
Read at Entrepreneur
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