Apple

Apple
Apple’s App Store Uncertainty May Have Revenue Repercussions
February 04, 2022

You can’t spell Apple without “app.” All joking aside, with the uncertainty surrounding the tech juggernaut’s app store business model there may be a bit of uncertainty over just what happens to its services revenues. And it is the services business, with all its attendant...

Apple
Apple Lowers Rates for Dutch App Store Payments
February 04, 2022

Apple says it will collect a 27% commission on payments made through alternative payment methods for dating apps in the Netherlands, a reduction from 30%. The tech giant revealed the change in an article on its website Thursday (Feb. 3), saying it was done to...

Apple
Apple’s Regulatory Problems Could Hit its Crown Jewel, iPhone
February 01, 2022

Apple’s quarterly earnings went up 11% to a record $123.9 billion, with revenue from iPhone sales at $71.63 billion, up 9% year over year. Services, which include App Store fees, continued growing, rising 25% annually, to $19.52 billion. Yet, while consumers may still buy Apple...

Apple
35 AGs Support Epic in Antitrust Appeal
January 28, 2022

Attorneys general for 34 states and the District of Columbia filed an appeal against a California court ruling that was largely in favor of Apple in Epic’s fight over App Store fees, according to multiple reports. Led by Utah, Microsoft also supported the appeal, joining...

Apple
Apple’s Latest Payments Move May Be Too Little, Too Late
January 27, 2022

Apple’s push to cement a commerce ecosystem continues. At least that’s the plan — execution on that plan may be … well, not so simple. And maybe it’s all a case of too little, too late. That’s because Apple is setting about building out the...

Apple
Apple Makes New Moves to Turn iPhones into Payment Terminals
January 27, 2022

Small businesses will soon be able to take payments on iPhones without additional hardware, a feature Apple started developing in 2020 with its $100 million acquisition of Mobeewave, Bloomberg reported on Thursday (Jan. 27), citing unnamed sources with insider information, Canadian startup Mobeewave created the...

Apple
Apple Fined up to $57M by Dutch Regulators for Skirting Payment System Rules
January 24, 2022

A Dutch regulator has fined Apple Inc. up to 50 million euros ($57 million) for not letting rival payment systems tie in to dating app providers, according to a Bloomberg report Monday (Jan. 24). The hefty fine, which is set to be paid in weekly...

Apple
Apple Digital Car Keys Coming to Hyundai, Genesis Models this Summer
January 17, 2022

Apple’s digital car key technology that opens and starts vehicles with a device app is coming to Hyundai and Genesis this summer and could be available to additional motor vehicle brands soon, according to multiple media reports. Remote lock controls via smartphones aren’t new —...

Apple
Apple to Follow Dutch Rules on Allowing Third-Party Dating App Payments
January 16, 2022

Apple will follow a Dutch ruling to let a third-party payment options for dating apps, Reuters reported Saturday (Jan. 15). This will be the first time the tech giant will allow outside payments within an App Store app. The company plans to release two “entitlements”...