Proposed App Store changes will only have a 'modest' impact, analyst says

Investment bank JP Morgan believes that Apple's proposed App Store changes could only have a modest impact on the company's services business and revenue.

Credit: Apple
In a note to investors seen by AppleInsider, lead JP Morgan analyst Samik Chatterjee gave some thoughts on the recent App Store changes that Apple has announced to settle a lawsuit brought by developers. The class action lawsuit was filed in 2019.

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