Is Apple Breaking Traditions? iOS 17.2 Beta Code Suggests App Sideloading Option
Portfolio Pulse from Benzinga Neuro
Apple Inc. (NASDAQ:AAPL) is reportedly preparing to allow sideloading of apps on iOS devices in response to the EU's Digital Markets Act. The iOS 17.2 beta code reveals a new 'Managed App Distribution' framework, which could enable third-party app installations and potentially allow developers to create their own app stores. This marks a significant policy shift for Apple, which has historically opposed sideloading. The company has until March 2024 to comply with the DMA but may appeal against the inclusion of the App Store in the legislation.
November 13, 2023 | 10:28 am
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Apple Inc. is considering allowing sideloading of apps on iOS, a move that could significantly alter the App Store's business model and ecosystem in response to EU regulations.
While the news suggests a major policy shift for Apple, the impact on the stock price is uncertain in the short term. The change could open up new revenue streams and partnerships, but also increase competition within the App Store. The market's reaction will depend on how investors assess the balance between these factors.
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