Epic Games VS Apple: Trial set to begin on Mon, App Store profits in focus

Apple reportedly registered profits as high as 78 per cent from its App Store in 2018 and 2019, an expert witness for Epic Games has testified, as the Cupertino-based tech giant and Fortnite game developer prepare for a legal battle in the US beginning Monday.

According to The Verge, expert Ned Barnes testified that “information from Apple’s Corporate Financial Planning and Analysis group show the App Store had a 77.8 percent operating margin in 2019, and 74.9 percent in 2018”.

Apple has contested that interpretation of the data, saying “we don’t have a separate profit and loss statement for the App Store”.

“Epic’s experts calculations of the operating margins for the App Store are simply wrong and we look forward to refuting them in court,” an Apple spokesperson was quoted as saying in the report on Saturday.

Read more

You may also like

Comments are closed.