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Apple Shares Drop as China Investigates App Store Fees

2/5/2025

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Summary

Story summary

Apple shares fell 2.66% amid reports of a potential investigation by China's SAMR regarding App Store fees.
The probe may examine Apple's 30% commission on in-app purchases and limitations on third-party payment options.
This investigation reflects China's ongoing antitrust initiatives and may heighten tensions in US-China trade relations.

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Story summary

Apple shares fell 2.66% amid reports of a potential investigation by China's SAMR regarding App Store fees.
The probe may examine Apple's 30% commission on in-app purchases and limitations on third-party payment options.
This investigation reflects China's ongoing antitrust initiatives and may heighten tensions in US-China trade relations.