Why Apple Had To Make Another App Store Concession, And Could Face More

Investors2021-09-03

Facing antitrust scrutiny worldwide related to its App Store business practices, Apple(AAPL) has made a major change to its policies to settle a case in Japan. Meanwhile, it faces a new antitrust ...

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精彩评论

Tanyl
2021-09-05
Tanyl
Apple share is still a black horse to run
Celinejp
2021-09-03
Celinejp
Thanks
Yimyim
2021-09-03
Yimyim
Hope the stock will come down so we can buy in…🧐
- koolgal:
  👍😊
wltan
2021-09-03
wltan
Ok
- wltan:
  Ok
jerwy
2021-09-03
jerwy
wow
ACCY
2021-09-03
ACCY
Hmmmmm 🤔

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Meanwhile, it faces a new antitrust probe in India. Apple stock rose on Thursday.\nThe Cupertino, Calif.-based company announced late Wednesday that it has settled an investigation by the Japan Fair Trade Commission. As part ofthe settlement, Apple agreed to allow developers of so-called \"reader\" apps to include an in-app link to their website for users to set up or manage an account. That will give those developers a chance to avoid paying Apple's commission fees. The change will take effect early next year.\nWhile the agreement was made with Japanese regulators, Apple will apply the change globally to all such media-consumption apps on the App Store. \"Reader\" apps provide previously purchased content or content subscriptions for digital magazines, newspapers, books, audio, music and video. The changes will affect companies such as Netflix(NFLX), Spotify Technology(SPOT) and others.\nApple said it will still require the use of its payment system for in-app purchases of digital goods and services.\nApple Stock In Record High Territory\nOn thestock market today, Apple stock climbed 0.8% to close at 153.65. Apple stock hit an all-time high 154.98 on Wednesday.\nCFRA Research analyst Angelo Zino said the change will not have a notable impact on Apple's services business but should put the company in a better light with regulators. 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However, developers still wouldn't be able to promote alternative payment systems inside the apps.\nApple also launched theNews Partner Programto support local journalism and help news organizations on the App Store.\nChallenges In India, South Korea\nMeanwhile,legislators in South Koreaon Tuesday approved a bill that would require Apple andAlphabet's (GOOGL) Google to open their app stores to alternative payment systems.\nAnd on Thursday,Reuters reportedthat Apple is facing an antitrust challenge in India. A complaint filed with Competition Commission of India accuses Apple of abusing its dominant position in the apps market by forcing developers to use its proprietary in-app purchase system. 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the stock will come down so we can buy in…🧐","listText":"Hope the stock will come down so we can buy in…🧐","text":"Hope the stock will come down so we can buy 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🤔&nbsp;","listText":"Hmmmmm 🤔&nbsp;","text":"Hmmmmm 🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/815189019","repostId":1171410675,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":41,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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