From Investing.com: 2024-05-29 07:03:02

Evercore ISI finds Apple’s compliance with the EU’s Digital Markets Act has minimal impact on EU App Store revenue, totaling $1.2B, less than 1% of Apple’s services sales. March and April revenues increased by 28% and 22%, respectively, despite the introduction of a Core Technology Fee that may deter developers from bypassing the App Store. Analysts remain optimistic, with Evercore maintaining an Outperform rating and a $220 target on Apple.



Read more at Investing.com: Evercore weighs on the impact EU DMA Implementation has on App Store By Investing.com