Apple opens up iPhone app store in Europe, a major crack in its 'walled garden'
Publishing timestamp: 2024-01-25 13:52:52
Summary
Apple is opening up its iPhone App Store in Europe to competitors due to new European regulations. This move could threaten Apple's App Store fees, but the company has also implemented a new fee structure that may still benefit them. Developers will have more flexibility in distributing their apps and collecting payments, but Apple will still charge fees and commissions. The changes are restricted to Europe and will go live in March.
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Keywords: business news, mobile, technology, apple inc, iphone, tim cook, business, entertainment, breaking news: technology,
Source: https://www.cnbc.com/2024/01/25/apple-opens-up-iphone-app-store-in-europe.html