Apple’s first priority for opposing the new antitrust policy is to protect its market share

This post was originally published in Yahoo Finance Tech, a weekly newsletter highlighting our unique corporate content. Every Thursday at 4 pm ET, it will be delivered to your inbox. Alabapin. Apple has a stronger motivation to fight antitrust reform than privacy. Tim Cook, CEO of Apple (AAPL), voiced his strongest opposition to the proposed patent law to the company’s App Store this week. Allowing customers to download programs from third-party sources to their iPhones, according to Cook, will make them less secure.

“If we are forced to let unpredictable applications on the iPhone, the unintended consequences will be far-reaching,” Cook said during a meeting of the International Association of Private Experts on Tuesday. Cook claims that the App Store helps protect users from malware, and third-party options will expose iPhone users to the increased risk of downloading fraudulent applications. However, Apple’s chief executive has a big reason to protest the law: Apple’s bottom line.

That is because if users download apps outside the App Store, Apple will lose on the 30% discount it charges on most app sales. Apple did not take out revenue for its App Store, but its division of services, which includes the App Store, brought in $ 68 billion of the company totaling $ 365 billion in revenue in 2021. Since 2008, the App Store raked at $ 260 billion.

“Maintaining centralized control is very rewarding for Apple – it’s a device that allows Apple to set standards for users on both sides of its platform, app developers and customers,” Penn State Lawyer John Lopatka told Yahoo Finance. “And maintaining centralized control is one that does not hurt competitors.” Cook argues the proposed opposition law, called the Open Products Act, would allow users to reduce safety by removing Apple’s ability to check all app users installed on their devices.

Without the App Store, users will be able to download and install applications from a third-party application store or site of their choice. While that gives users more freedom, it also opens them up to the ability to download applications loaded with malware that can steal their information, scan their passwords, or retrieve their banking data .

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