Apple says it actually loses money every year on its repair programs

%name Apple says it actually loses money every year on its repair programs by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley

Even though Apple’s share of the smartphone market isn’t anywhere close to a level that would warrant calling the company a monopoly power, lawmakers have recently become taken with the idea of investigating large tech companies for alleged antitrust behavior. In turn, Congress a few months back sent a letter to Apple seeking answers to a wide range of questions pertaining to how Apple conducts is business.

As you might expect, some of the questions sent to Apple demonstrate a clear lack of understanding of Apple’s business and the tech space in general. Citing just one example, Apple was asked how it selects which apps “are required to share their revenue with Apple.” You would think, with the App Store now more than 10 years old, that lawmakers charged with looking into Apple’s business practices would know that developers are the ones who decide whether or not to charge for a particular app.

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Apple says it actually loses money every year on its repair programs originally appeared on BGR.com on Wed, 20 Nov 2019 at 18:04:50 EDT. Please see our terms for use of feeds.

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