Tar River conservancy preserving nature one tract at a time hendersondispatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hendersondispatch.com Daily Mail and Mail on Sunday newspapers.
Apple reportedly registered profits as high as 78 per cent from its App Store in 2018 and 2019, an expert witness for Epic Games has testified, as the Cupertino-based tech giant and Fortnite game developer prepare for a legal battle in the US beginning Monday. According to The Verge, expert Ned Barnes testified that information from Apple s Corporate Financial Planning and Analysis group show the App Store had a 77.8 percent operating margin in 2019, and 74.9 percent in 2018 .
Apple has contested that interpretation of the data, saying we don t have a separate profit and loss statement for the App Store . Epic s experts calculations of the operating margins for the App Store are simply wrong and we look forward to refuting them in court, an Apple spokesperson was quoted as saying in the report on Saturday.
Apple reportedly registered profits as high as 78 per cent from its App Store in 2018 and 2019, an expert witness for Epic Games has testified, as the Cupertino-based tech giant and Fortnite game developer prepare for a legal battle in the US .
Australia suspends Apple-Epic case as battle shifts to US
By IANS |
Published on
Sun, Apr 11 2021 10:18 IST |
10 Views
Apple. (File Photo: IANS). Image Source: IANS News
San Francisco/Sydney, April 11 : As Apple and Fortnite developer Epic Games continue to battle in the US, an Australian judge has ruled that Epics lawsuit against Apple in Australia will be temporarily suspended.
According to Gizmodo Australia, Apple had asked for a permanent stay of the case in Australia, arguing that the US and Australia cases were very similar.
Justice Nye Perram has ordered that the case be temporarily stayed for a period of three months.
As the lawsuit hearing in the case of Fortnite game developer Epic and Apple is set to begin next month, the two companies have reiterated their stands before the trial, as they got themselves involved in a legal battle over the use of an in-game payment system. While Epic Games argues about Apple s monopoly over the app market and treats 30 per cent standard fee amount to anti-competitive behaviour that must be regulated by antitrust law, Apple contends that the whole antitrust allegation and associated dust-kicking is little more than a PR stunt, reports TechCrunch. With the basic facts agreed upon, the two companies will go to battle over what they mean, and their CEOs will likely take the (virtual) stand to do so, the report said on Thursday.