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Apple reported its largest quarter ever, driven by strong iPhone 17 sales, generating $143.8 billion in revenue. CEO Tim Cook noted high demand is straining supply due to production limits on advanced chips. While Mac revenue fell, other areas like iPad saw growth, and Apple remains optimistic about its future performance.
Apple has rolled out the Mini Apps Partner Program, allowing developers to create mini apps and games within larger super apps. The program reduces Apple's commission on in-app purchases to 15%, half of the standard rate, aiming to attract more developers to the platform.
Apple announced that its App Store has generated $1.3 trillion in billings and sales, with a significant portion of this revenue coming from transactions that did not incur a commission. The company emphasized the App Store's role in supporting developers and businesses, highlighting its impact on the economy.