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Apple's App Store Commission Revenue Reportedly Drops 18% as Legal Challenges Mount

3-line summary

  • Apple's App Store commission revenue reportedly dropped 18% as legal challenges from companies like Epic Games and regulators like the European Commission mount, according to a Financial Times report cited by Yahoo Finance.
  • Apple's overall Services division still posted a June-quarter revenue record of $30.7 billion, but that came in about $1 billion below what many Wall Street analysts had anticipated.

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