What the DOJ’s antitrust suit against Apple means for everyone with an iPhone
1 year ago

What the DOJ’s antitrust suit against Apple means for everyone with an iPhone

LA Times  

Greater freedom for app developers on the App Store. In 2020, Epic Games sued Apple after it got kicked out of the App Store when its game “Fortnite” was attempting to circumvent Apple’s charge on in-app purchases. “We do not expect any business model changes for now, but Apple clearly is going to have to find a way to eventually settle this case, pay a hefty fine, and ultimately find some compromise with developers on the App Store structure down the road,” said Daniel Ives, a managing director at Wedbush Securities, in a note to clients. “As this report shows, the App Store is a vibrant, innovative marketplace where opportunity thrives, and we’re as committed as ever to investing in developers’ success and the app economy’s future,” Apple Chief Executive Tim Cook said in a statement in May. But some analysts say that Apple’s competitors make smaller profits but still provide a level of security and service that protects consumers — and therefore, Apple should be less restrictive.. “Apple’s margins are much larger than the rest of the industry and that makes them a target for this,” said Rob Enderle, principal analyst with advisory services firm Enderle Group.

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