StockNews.AI
AAPL
TechCrunch
92 days

Apple approves Spotify update so US users can buy audiobooks within the app

1. Apple approved Spotify's update for in-app audiobook purchases in the U.S. 2. Users can now buy additional audiobook hours directly in the app. 3. The change follows a court ruling against Apple's previous in-app purchase fees. 4. Spotify aims to reach more audiences through this streamlined purchasing process. 5. This update enhances user experience, potentially boosting audiobook sales.

3m saved
Insight
Article

FAQ

Why Bullish?

The approval indicates Apple's adaptability to market demands, enhancing its ecosystem's appeal. Similar past updates have improved user engagement and sales.

How important is it?

The article highlights a significant shift in Apple's app infrastructure affecting overall user interaction and revenue potential.

Why Short Term?

Immediate user engagement with audiobook purchases can lead to quick revenue increases. Long-term effects may depend on user adoption rates.

Related Companies

Related News