Epic Games thinks it has finally cracked open Apple's App Store. Investors aren't convinced. [Business Insider]
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Source: Business Insider
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Apple's App Store is a huge and increasingly important money maker Lawsuits and regulatory challenges have tried to change the way the store works for years Now that might — might — finally be happening. If it does, it's a big deal. When you spend a dollar at Apple's App Store, up to 30 cents of that goes to Apple Now, a US court ruling may change that radically — opening up a future where Apple collects almost none of the money users spend on apps. Emphasis on may : Developers and regulators have been complaining about Apple's App Store fees for years. And while they've won some battles, Apple has been able to keep its business more or less intact — which is a big reason Apple's services business , a core part of the company's financial machinery , has kept growing even as iPhone sales sputtered. Epic Games CEO Tim Sweeney, Apple's mos
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