Apple’s services business is projected to surpass $100 billion in annual revenue for the first time, marking a pivotal shift in the company’s revenue mix. The high-margin division could now generate half of Apple’s profits despite mounting regulatory pressure.
A federal judge has reversed her decision to certify a class action against Apple’s App Store monopoly claims. The reversal follows Apple’s successful challenge to the plaintiffs’ damages model.
A UK tribunal has ruled against Apple in a landmark antitrust case over App Store fees. The court found Apple’s 30% commission eliminated competition and violated UK and EU law, awarding approximately $2 billion in damages to millions of UK iOS users.
In a landmark ruling that parallels the ongoing Epic Games litigation, the UK’s Competition Appeal Tribunal has reportedly ordered Apple to pay approximately $2 billion in damages for anticompetitive App Store practices, according to court documents and statements from the claimant’s representatives.
British regulators are considering sweeping changes that could force Apple to permit alternative app stores and direct downloads from websites. Google may also face requirements to modify how Android users access apps outside its official marketplace.
Competition regulators in the United Kingdom are reportedly preparing to mandate significant changes to how Apple and Google operate their respective app stores, according to recent regulatory developments. The potential reforms could fundamentally alter the mobile application landscape that has existed for over a decade.
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