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Judge Rebukes Apple and Orders It to Loosen Grip on App Store

1. Apple ordered to loosen App Store control by federal judge. 2. Apple must stop charging commissions on some app sales. 3. Judge criticized Apple for defying previous rulings in antitrust case. 4. External payment links for apps now permitted, avoiding Apple fees. 5. Investigation into potential criminal contempt of court for Apple initiated.

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FAQ

Why Very Bearish?

The ruling directly affects Apple's revenue model in a significant way, similar to past antitrust actions against tech giants, leading to potential revenue loss and investor skepticism.

How important is it?

Given Apple's reliance on App Store revenue, legal implications are highly significant and may affect future growth.

Why Long Term?

Changes to App Store revenue structure will take time to manifest, similar to past antitrust outcomes impacting companies over years.

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