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Apple loses $ 85 billion in market capitalization

Even if Epic Games is not completely satisfied with the court decision rendered in its lawsuit against Apple, the outcome is a victory for the world of mobile video games and the situation is already having an impact: Apple has lost 85 billion dollars. market capitalization dollars.

The lawsuit between Epic Games and Apple recently ended with a restraining order requiring Apple to allow developers to integrate their own purchasing mechanisms into their applications, thus avoiding them having to go through the imposed 30% commission box. to all transactions made on iOS.

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The measure will come into effect by December 9 and therefore presents itself as a victory for developers. Epic Games for its part was sanctioned for having violated the contract with Apple and for having tried to impose an alternative payment system directly in the heart of Fortnite.

But the main court decision has above all had an impact on the side of Apple and as always, it is on the stock market that we immediately see the changes: the group’s share fell by 3.3% and lost $ 85 billion in market capitalization to the group.

And since Apple is betting more than 80% on games on its App Store to generate profits, the penalty should increase over the months. It is estimated that Apple could immediately lose 3% of its total revenue.

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