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Epic witness claims Apple’s App Store profit reaches 78 percent – Engadget

A witness for Epic Game’s lawsuit against Apple claims the App Store’s profit margins have climbed up to 78 percent..

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Epic Games is using its lawsuit against Apple to accuse the iPhone maker of being particularly greedy. As The Vergereports, expert witness Eric Barns testified that Apple supposedly had an App Store operating margin of 77.8 percent in 2019, itself a hike from 74.9 percent in 2018. He also rejected Apple witness’ claims that you couldn’t practically calculate profit, pointing to info from the company’s Corporate Financial Planning and Analysis group as evidence.
Apple unsurprisingly disagreed. The…

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