Apple announced a new commission structure for app stores in the European Union, charging third-party app stores a 5% fee on in-app purchases starting October 1. This change is part of Apple's effort to comply with the EU's Digital Markets Act, which requires more openness and competition in app distribution. Under the new system, Apple's own App Store will charge 26% commission on digital goods, while apps using their own payment systems pay 20%, and those linking to web purchases pay 15%. Apple says this new fee schedule resolves disputes with EU regulators and includes child safety measures. This move follows global pressure on Apple's App Store monopoly and aims to balance regulatory demands with Apple's business model.
Apple announced a simplified commission model for apps in the European Union, replacing its complex fee structure with a flat 5% commission on apps distributed outside the App Store or on the web. The new terms also lower in-app purchase fees to 26% ...
Apple is expected to launch a foldable iPhone alongside a refreshed Pro model in September 2026, with other variants following in early 2027. This new product could impact Apple's fiscal 2026 results and is already highly anticipated, with an 81% mar...
David Tepper's Appaloosa Management disclosed large Q2 positions in Apple, Taiwan Semiconductor Manufacturing (TSMC), and CoreWeave, each with distinct outlooks. Apple shows strong recent revenue and buybacks but faces valuation and margin risks, wit...
September is known for historically weak stock market performance, prompting income investors to consider three ETFs with different income approaches: BALI, DIVO, and JAAA. BALI focuses on large-cap tech stocks with an option-writing overlay, offerin...
David Tepper's Appaloosa fund initiated significant put option positions on Apple and Berkshire Hathaway, suggesting a cautious or hedging approach amid concerns over Apple's inflated earnings and memory pricing volatility. The puts on Berkshire like...
