APPLE WILL ALLOW DEVELOPERS TO DISTRIBUTE APPS DIRECTLY FROM ITS SITE
-Apple $AAPL+0.2% has announced that it will allow software developers to distribute apps directly from their websites in response to new European Union rules.
- The new rules, known as the EU Digital Markets Act, require Apple $AAPL+0.2% to open up its closed ecosystem and allow developers to offer alternative app stores on iPhones.
- Apple $AAPL+0.2% will also allow developers to opt out of using its in-app payment system, which charges fees of up to 30%.
Apple
AAPLOpen $218.70
Day range $216.01 - $219.49
52 week range $164.08 - $237.23
I was watching it the other day and it was kind of obvious that something like this was going to happen. Well I'm not too happy about it, but I did overbought $AAPL+0.2% yesterday and if it continues to fall, I'll overbought again.