Apple loses bid to pause app store reform order in Epic Games case
1. Apple loses appeal to delay order on opening App Store competition. 2. Openness could impact App Store revenues and market dynamics.
FAQ
Why Bearish?
The court's decision to enforce competition may lead to reduced App Store revenues, similar to how increased competition impacted app distribution for platforms like Google and Amazon. In past instances, similar rulings have negatively affected profitable segments of companies.
How important is it?
The ruling will likely impact Apple's revenue model significantly, potentially altering investor sentiment and market valuation.
Why Long Term?
The effects on Apple's pricing strategy and revenue model from increased competition in the App Store may evolve gradually, affecting overall market performance in the long term.