$Apple(AAPL.US)$ faces real, but limited, risk to its revenue and profits from Friday's ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded through the Apple app store.In a case filed by Fortnite publisher Epic Games, U.S. District Judge Yvonne Gonzalez Rogers issued a permanent injunction that requires Apple to allow developers the option to include links to alternative payment methods in their apps. Apple's own payment system takes a 30% cut from large developers.Data from the app tracker SensorTower shows that in calendar 2020, Apple had overall revenue from the App Store of $72.3 billion, generating an estimated $21.7 billion in fees, or about 7% of Apple's overall revenues. That includes $21 billion in spending in
Apple relaxes App Store rules for services such as Spotify and Netflixcnn2021-09-03 10:05Apple-0.23%Netflix-0.25%Hong Kong (CNN Business)Apple will allow companies such as Spotify (SPOT) and Netflix (NFLX) to direct customers to their own websites to make payments, allowing them to more easily avoid fees levied by the App Store.The iPhone maker's latest concession in a long-standing fight with app developers was announced Wednesday in response to an investigation initiated by Japan's Fair Trade Commission.The update — which will take effect in early 2022, and applies worldwide — will allow developers of what Apple (AAPL) calls "reader" apps to insert a link out to external websites and let people set up or manage their accounts there.Such apps provide previously purchased content or subscr