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Will Apple's Services Momentum Be Blunted by New Epic App Store Ruling?
PYMNTS.com· 2025-05-03 06:59
Highlights A federal judge has ruled that Apple can no longer collect commissions on transactions occurring outside the App Store, citing the company’s “willful violation” of a prior injunction that required allowing third-party payment links. The ruling impacts Apple’s high-margin services business, which posted record revenues and grew by 11.6% to $26.6 billion last quarter. While the immediate financial impact is hard to predict, the ruling introduces uncertainty to Apple’s profitable commission-b ...