Apple Latest iOS 17.4 Update Limits Progressive Web Apps In EU Citing User Security
Portfolio Pulse from Benzinga Neuro
Apple Inc. has limited the functionality of Progressive Web Apps (PWAs) in the EU with its iOS 17.4 update, citing compliance with the Digital Markets Act (DMA). The changes, which affect Home Screen web apps, include over 600 new APIs and various developer tools exclusive to the EU. These adjustments are part of Apple's efforts to align with the DMA, introducing features like alternative app marketplaces and third-party browser engine support.
February 16, 2024 | 10:25 am
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NEUTRAL IMPACT
Apple Inc.'s iOS 17.4 update limits PWAs in the EU to comply with the DMA, introducing over 600 new APIs and features exclusive to the region.
The limitation of PWAs in the EU by Apple's iOS 17.4 update is a significant regulatory compliance action. While it demonstrates Apple's commitment to adhering to the DMA, the impact on AAPL's stock price in the short term is likely neutral. The update could be seen as both a potential limitation on app functionality for EU users and a positive step towards greater market compliance and user security. The balance of these factors leads to a neutral score.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90