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Apple denies App Store profit margin is 75% – claims to have no clue - 9to5Mac

Apple’s incoming CFO didn’t get much time to settle in before he found himself in court defending the company against a class action lawsuit. Kevan Parekh yesterday claimed that the company that it has no clue about its App Store profit margin. This is a stance the company has taken before. Indeed, Apple Fellow Phil Schiller even went as far as to claim he didn’t even know whether the App Store made a profit at all … UK antitrust lawsuits Apple is facing two lawsuits in the UK, each alleging tha...

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