Apple Made $900M From AI Last Year While Rivals Burned Through Cash
Apple Inc. (NASDAQ:AAPL) let the hyperscalers and frontier AI labs fight over who builds the best chatbot. Then it charged them rent.Analysis firm AppMagic estimates generative AI apps paid Apple nearly $900 million in App Store fees in 2025, with three-fourths coming from OpenAI’s ChatGPT alone. xAI’s Grok was a distant second at roughly 5%. The Wall Street Journal reported on Thursday that Apple is on pace to cross $1 billion in AI revenue this year from commissions alone.The Toll Road Vs. The Money PitTh ...