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Apple CEO Tim Cook express concern over App Store curbs in talks with Japan PM Kishida

Tim Cook

Apple CEO Tim Cook had asked Japan Prime Minister Fumio Kishida to consider users’ privacy and security when regulating the distribution of smartphone apps,.

Apple is scrutinized over its App Store practices, which include charging a 30 percent fee on payments and subscriptions and not allowing iPhones to use third-party apps.

According to Apple, it had invested more than $100 billion in its Japanese supply network over the last five years.

Apple’s revenue from its services business, which includes the App Store, has been growing rapidly in the last few years and to reach about $19 billion per quarter.

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