The Supreme Court on Tuesday, Jan 16, 2024 allowed a court order to take effect that could loosen Apple's grip on its lucrative iPhone app store, potentially siphoning billions of dollars away from one of the world's most profitable companies. — AP
Apple Inc is opening its US App Store to allow outside payment options after the Supreme Court refused to consider the company’s appeal in an antitrust suit challenging its practices.
The company plans to let all third-party apps sold in the US include an outside link to a developer website to process payments for in-app purchases. That will bypass Apple’s own payment system, which charges developers a commission of either 15% or 30%. Still, the iPhone maker said it would attempt to collect a 12% or 27% revenue share from developers that opt out of the Apple system.
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