March 29, 2023

To the Japanese PM, Apple CEO Cook expressed worries about the app store limit.

CEO Cook

Apple chief executive has asked Japanese Prime Minister Fumio Kishida to consider protecting users when regulating distribution of smartphone apps, Nikkei reports.

Apple chief executive Tim Cook has asked Japanese Prime Minister Fumio Kishida to ensure that regulations do not undermine user privacy and security, reports say. Apple has faced scrutiny over its App Store practices that charge a 30% fee on payments and subscriptions and does not allow iPhones to use third party apps.

Revenue from Apple’s services business has grown at a rapid pace in the last few years and now hovers at about $19 billion per quarter.

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