Tech News: Tim Cook crown witness for Apple in Fortnite trial.
Apple Chief Executive Tim Cook will speak on Friday in a highly accused court case that could change the iPhone and App Store forever. Cook’s testimony is expected to begin at 8:00 am Pacific time. The United States District Court in Oakland, California does not allow televised or audio retransmission of cases, but testimony will be live over a phone line and details can be found here.
The trial revolves around an antitrust lawsuit filed last year by Epic Games, the creator of Fortnite. At stake are the profitable commissions iPhone maker raked from its mobile app store and player access to the popular shooting game.
Epic is trying to show that the fees vary from From 15% to 30% on transactions in apps installed on iPhone, iPad and iPod are part of a monopoly that Apple he built around a fortress by blocking other payment options on his mobile devices.
Antitrust expert Eleanor Fox, a professor at New York University School of Law, told CBS MoneyWatch before the trial began that Epic’s case was in line with growing concerns that a handful of large tech companies, including Apple, Facebook and Google, have de facto monopoly power over online commerce and media. However, Fox said, it wasn’t clear that Epic would be able to convince a court that Apple he had broken the law. “If everything about the Epic case is if Apple accusation too much, so it’s allowed under antitrust laws, “Fox said.” Antitrust laws don’t stop price scam.
Apple dismissed the allegations as Epic’s desperate attempt to increase its profits by breaching a contract covering a system that requires a small portion of the 1.8 million apps in its store to pay transaction fees. Apple claims that fees help it pay for the technology that powers its products, including the security and privacy protections it helped build iPhone so popular.
Cook should testify how Apple prepares to conclude his case before the two sides express their concluding arguments and answer questions from US District Judge Yvonne Gonzalez Rogers on the evidence Monday. Cook has emerged as a lucid and confident public speaker since inheriting his job as CEO nearly ten years ago. from Apple is the late co-founder Steve Jobs.
Jobs specter is likely to be raised while Cook is on the stand, based on Epic’s strategy seen so far in court. Epic’s attorneys have repeatedly referred to Jobs’ initial predictions that Apple it wouldn’t make much money from the app store when it unveiled it 13 years ago.
Since then, the app store has been more successful than previously imagined and a major contributor to revenue growth that has helped Apple reach its current market value of nearly $ 2.1 trillion. How much money Apple does from The app store remained a heated point of contention during the trial, although Schiller admitted during his testimony that the Cupertino, California-based company had pocketed at least $ 20 billion. from until June 2017, based on calculations from data publicly published at that time.