Get the latest tech news

Apple says EU represents 7% of global App Store revenue


Apple said during Q1 2024 earnings call that the EU market represents 7% of its global App Store revenues.

The company’s chief financial officer Luca Maestri said that the monetary impact of these changes will depend on choices made by developers to adopt different systems. Just to keep it in context, the changes applied to the EU market, which represents roughly 7% of our global app store revenue,” he said in reply to an analyst’s question. And we’ve tried our best to get as close to the past in terms of the things that are — that people love about our ecosystem as we can, but we are going to fall short of providing the maximum amount that we could supply, because we need to comply with the regulation,” he said.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of Apple

Apple

Photo of App Store

App Store

Related news:

News photo

Apple is shipping out jailbroken iPhones and a bunch of stickers to bug bounty hunters

News photo

Meta says Apple has made it ‘very difficult’ to build rival app stores in the EU

News photo

Tim Cook confirms Apple’s generative AI features are coming ‘later this year’