Apple expects services growth to slow as Siri AI costs rise and it plans to charge for expanded access

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Apple expects services growth to slow in the holiday quarter as it takes on Siri AI cloud computing costs and plans to charge for expanded access to some AI features. The company did not announce pricing or a launch date; services revenue grew 10% to $31.6 billion in the September quarter, and the CFO expects growth of 8% to 9% in the December quarter. Siri AI requests will be handled jointly by devices and Private Cloud Compute, while Apple Pay now covers more than 90 markets following its launch with Axis Bank in India.