business
In 2008, Apple opened App Store and built a $100 billion business around it; how court rulings, regulations are now threatening its commission model
Apple acknowledges recent court rulings and regulatory changes impacting its App Store. These developments are pressuring Apple's significant services business and its commission model. App Store spending and Apple's commission revenue are slowing in several key markets. Developers can now direct users to alternative payment methods, bypassing Apple's fees. This shift challenges Apple's long-standing control over digital purchases on iPhones.
Read full article on The Times Of India