Apple Blocks Emulator App For iPhones From App Store And Alternative Stores, Showing It Still Exerts Control Despite EU's Recent Efforts
Portfolio Pulse from Rounak Jain
Apple Inc. (NASDAQ:AAPL) has rejected the UTM emulator app from both its iOS App Store and third-party app stores, despite the European Union's Digital Markets Act aimed at loosening Apple's control. This decision highlights Apple's continued dominance over app distribution on its platforms.
June 10, 2024 | 1:05 pm
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Apple's rejection of the UTM emulator app from its iOS App Store and third-party app stores demonstrates its continued control over app distribution, despite the EU's Digital Markets Act. This decision may reinforce Apple's stronghold on its ecosystem.
Apple's decision to block the UTM emulator app underscores its ability to maintain control over app distribution on its platforms, even in the face of regulatory changes by the EU. This move is likely to have a neutral short-term impact on Apple's stock price as it reinforces its ecosystem control without significantly affecting revenue.
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