Apple App Store profits look 'disproportionate,' U.S. judge tells CEO Cook


FILE PHOTO: Apple CEO Tim Cook testifies remotely via videoconference during a U.S. House Judiciary Subcommittee on Antitrust, Commercial and Administrative Law hearing on "Online Platforms and Market Power" in this screengrab made from video as the committee meets on Capitol Hill, in Washington, U.S., July 29, 2020. U.S. House Judiciary Committee via REUTERS/File Photo

(Reuters) -A federal judge on Friday grilled Apple Inc Chief Executive Tim Cook over whether the iPhone maker's App Store profits from developers such as "Fortnite" maker Epic Games are justified and whether Apple faces any real competitive pressure to change its ways.

Cook testified for more than two hours in Oakland, California, as the closing witness in Apple's defense against Epic's charges that the iPhone maker's App Store controls and commissions have created a monopoly that Apple illegally abuses.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Amazon drivers join Teamsters in New York, union says
Apple shares slip as shorter iPhone 16 shipping times signal soft demand
Chipotle adds automation, 'autocado' robot helps make guacamole
Exclusive-How Intel lost the Sony PlayStation business
UK's Playtech sees 2024 profit slightly ahead of market view
Is technology responsible for higher rent prices?
Why AI is better than humans at talking people out of their conspiracy theory beliefs
Sleepless in the digital age
Opinion: When is it time for a new phone?
‘Monster Hunter Now’ launches Season 3 featuring cooking, the Heavy Bowgun and Magnamalo

Others Also Read