Apple: No Real App Store Threat
June 1, 2019 | Technology | No Comments|
- Apple to face antitrust lawsuits from consumers claiming App Store anti-competitiveness.
- The tech giant faces risks of reduced fees and developers workaround consumers paying via the App Store.
- The company is still generating substantial subscription growth due to limited revenue impact from any single developer.
- The biggest risk remains the Chinese trade war.
With the Services business growth a big part of the investment thesis of owning Apple (AAPL) long term, the antitrust lawsuit against the tech giant is a major threat to their business model. The data just doesn’t support that the lawsuit will amount to much considering the market landscape.