Published 2 years ago

Apple vs. Epic ruling reveals 70% of App Store revenue comes from a small fraction of customers playing games

Summary by Ground News

Apple shares dipped more than 2% after the tech giant was hit with a new injunction in the company's legal battle with Fortnite creator Epic Games. The injunction, from judge Yvonne Gonzalez Rogers, will allow developers to put "buttons, external links, or other calls to action" within their apps. Apple can also no longer prohibit developers from communicating with customers through points of contact.

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CNBC

Apple vs. Epic ruling reveals 70% of App Store revenue comes from a small fraction of customers playing games

That 70% is generated by less than 10% of all App Store consumers.

2 years ago·United States

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Bloomberg Quint

Apple Risks Losing Billions of Dollars Annually From Epic Games Ruling

(Bloomberg) -- Apple Inc. has been ordered to make the most significant change to its App Store business model since launching the platform in 2008, and it could cost the tech giant a few billion dollars annually.Continue Reading. Read more on Business News by BloombergQuint.

2 years ago·Mumbai, India

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techmeme.com

Epic ruling is a win for Apple as it costs the company just a few billion annually and doesn't force Apple to change its fees or let 3rd-party app stores on iOS

Mark Gurman / Bloomberg: Epic ruling is a win for Apple as it costs the company just a few billion annually and doesn't force Apple to change its fees or let 3rd-party app stores on iOS — - Judge says all apps can bypass the company's purchase fees — Apple makes majority of its App Store revenue from games

2 years ago

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Fox Business

Apple shares fall after Epic Games ruling

Apple investors are making their own determination following a legal ruling in its battle with Epic Games and there is no sign the saga will end anytime soon.

2 years ago·United States

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