Apple Allows iPhone Users To Download Apps From Developer Websites In EU With Latest iOS 17.5 Beta Update
Portfolio Pulse from Rounak Jain
Apple Inc. has released the first beta version of iOS 17.5, allowing users in the European Union to download apps directly from developer websites, in compliance with the EU's Digital Markets Act. This update follows Apple's previous adaptations to the EU's app distribution regulations, including app sideloading and direct web downloads under specific conditions. Developers eligible for this feature must meet certain criteria and will be charged a €0.50 Core Technology Fee per download, bypassing Apple's commission.
April 03, 2024 | 11:11 am
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Apple Inc. introduces iOS 17.5 beta, enabling direct app downloads in the EU, adhering to the Digital Markets Act. This move could alter Apple's app distribution model and revenue from the EU market.
While the introduction of iOS 17.5 beta aligns with regulatory compliance and could enhance user and developer experience in the EU, the financial impact on Apple is uncertain. The bypassing of Apple's commission for direct downloads might reduce revenue from app sales, but the €0.50 Core Technology Fee could offset some losses. The overall effect on Apple's stock price in the short term is likely neutral, as the market absorbs the implications of these changes and their actual impact on Apple's revenue.
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