Apple's App Store Case: What Investors Need to Know
Apple (NASDAQ: AAPL) has been locked in a battle with Epic Games, the creator of the popular game Fortnight, since last August. Epic tried to implement a way for users to pay for in-game purchases without going through Apple's App Store.
Apple didn't like that idea.
But in a court ruling earlier this month, U.S. District Judge Yvonne Gonzalez Rogers determined the tech giant must allow other avenues of payment for in-app purchases. While that's bad news for Apple and its investors, the ruling still had plenty of good news too.
Source Fool.com
