Apple says the EU accounts for just 7% of its global App Store revenue

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During Apple’s Q1 2024 earnings call with analysts and investors today, CEO Tim Cook and CFO Luca Maestri commented on the company’s recently-announced App Store changes in the European Union.

Maestri revealed a notable statistic about the importance of Apple’s App Store business in the European Union, saying that it accounts for around 7% of Apple’s global App Store revenue.

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Apple says the EU accounts for just 7% of its global App Store revenue

During Apple’s Q1 2024 earnings call with analysts and investors today, CEO Tim Cook and CFO Luca Maestri commented on the company’s recently-announced App Store changes in the European Union.

Maestri revealed a notable statistic about the importance of Apple’s App Store business in the European Union, saying that it accounts for around 7% of Apple’s global App Store revenue.

more…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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