Tim Cook dismisses DOJ claims as 'wrong'
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Ahead of the second quarter of Apple In the phone On the earnings call, CEO Tim Cook addressed the ongoing antitrust lawsuit filed by the U.S. Department of Justice, calling it “misguided.”
Apple's second-quarter earnings, which beat Wall Street forecasts, underscore the company's financial strength and resilience. At the same time, CEO Tim Cook addressed the ongoing antitrust lawsuit filed by the US Department of Justice (DOJ), calling it flawed and saying it was not a distraction to Apple.
“I think this case is flawed and we will fight it,” Cook said in comments to CNBC. “My job is to make sure it’s not a distraction. So, you know, if you look at what they're trying to do is essentially use the law to dictate how we develop products. And it doesn't have to be that way.”
The Justice Department alleges that Apple stifles competition by imposing, among other things, restrictive contracts and high fees on developers. However, Apple denies these accusations.
This highlights the discrepancies in the market share calculation — noting that Apple's share based on unit sales in the US is less than half, despite claims of more than 65% market share based on revenue
Apple defends. its position, stating that 85% of developers do not pay any commission, and the rest can qualify for a reduced commission of 15%. The company also cites its previous legal victory against Epic Games as evidence of the legitimacy of its commission structures. The lawsuit also accuses Apple of limiting the functionality of competing apps and services through control over APIs and other platform features. Apple denies this, arguing that its policies are aimed at protecting user privacy, increasing security and generally improving the user experience. to suppress competition.
Furthermore, changes to its guidelines call for services such as game streaming to operate more inclusively on its platforms.
The case is expected to remain pending for years, and appeals are expected to take even longer.
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