Apple Loses Appeals Bid Against Judge’s App Store Ruling, Faces Potential Revenue Loss

Apple’s appeal against a judge’s order requiring changes to its App Store policies has been denied by the US Court of Appeals. This means the company must now comply with the April 30th ruling, which mandates opening its lucrative App Store to more competition. The appeals panel cited Epic Games’ antitrust case as a key factor in this decision, which stemmed from Epic Games challenging Apple’s control over in-app payments on iPhones. 5 years ago, the game developer began accusing Apple of creating a price-gouging monopoly within its App Store. Judge Yvonne Gonzalez-Rogers ordered Apple to eliminate fees on transactions processed outside the iPhone’s exclusive payment system, which could potentially lead to billions in revenue loss for Apple. The company now faces the possibility of losing out on this significant portion of revenue as it continues to appeal this decision through the Ninth Circuit Court of Appeals. ]