New Delhi: The US Federal Court has dealt a blow to the iPhone maker Apple Inc. A Federal Court judge has ordered Apple to relax App Store rules. Following the judge’s order, the company’s app developers will be allowed to send their users to another payment system.
The judge ruled on the trial of Epic Games, the creator of the famous game Fortnite, in court. The judge’s decision is being seen as a major victory for Epic Games and other apps on the Apple Store.
Read also: Smartphones With 6000mAh Battery Under Rs 10,000 – Here’s The List
Judge Yvonne Gonzalez Rogers of the U.S. District Court in the Northern District, Calif., delivered the ruling. However, in its ruling yesterday, the Federal Court granted Apple some relief and allowed it to continue paying commission amounts of 15 to 30 percent as in-app payments. This is the easiest way for customers to pay on the App Store.
Following the verdict, Apple issued a statement saying, “The court’s decision also shows that success is not illegal. Apple faces stiff competition in every segment. Customers and developers choose us because of our products.” The best in the world.”
Apple’s statement on the decision
At a media briefing, Apple’s legal team said, “We don’t think developers will be able to implement their own in-app purchase system following a court decision. Officials said the company is considering the court’s decision.” How will it be implemented?
However, prosecuting company Epic Games is not entirely happy with the decision. As the judge himself said, the decision is a rational change to Apple’s rules. However, analysts believe the impact of the decision will depend on how Apple implements it. Epic Games plans to appeal the decision once again. Epic’s case began when the game maker installed its own in-app purchase system in its game Fortnite. Around 400 million people play this video game around the world.
Apple shares fall after court decision
However, the company’s highest-grossing activity is at risk after the court’s decision. If such a change happens to Apple’s App Store, it would save app makers billions of dollars and encourage them to reduce prices in a way that benefits consumers. After the court’s decision, Apple’s shares fell more than two percent in trading on Friday afternoon. Investors think the decision could result in the company losing billions of dollars in annual earnings.
Apple charges up to 30 percent commission on transactions made through the in-app store. This includes digital transactions such as music, Netflix, or Spotify subscriptions including movies, etc.
.