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Apple changes US App Store rules to let apps redirect users to their own websites for payments

1. Apple updates App Store rules allowing external app payment links. 2. Court ruling favors Epic Games, challenging Apple's payment control. 3. Apple must remove 'scare screens' from apps redirecting users externally. 4. Spotify is already using the new rules for its app subscriptions. 5. Apple plans to appeal the court's decision on App Store policies.

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FAQ

Why Bearish?

The ruling reduces Apple's revenue from App Store commissions, showcasing a precedent for developers. Historical context: Similar rulings have negatively impacted other tech giants' valuations due to revenue model disruptions.

How important is it?

The article impacts Apple's business model directly through reduced commissions, affecting investor outlook. Its relevance is heightened by ongoing legal challenges and competitive dynamics.

Why Short Term?

Immediate revenue loss expected as developers implement external payment options. Long-term effects depend on Apple's ability to adapt its business model.

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