Apple's Compliance with DMA Changes

Apple has made significant adjustments to its App Store policies in response to the Digital Markets Act (DMA) in the European Union, allowing developers more freedom to direct customers to external purchase options. Financial analyst Wamsi Mohan noted that while this new external purchase linking entitlement is meant to provide flexibility, complaints from major app developers like Spotify and Epic Games highlight potential confusion surrounding these changes. Despite the criticism, Mohan believes Apple will manage to navigate these challenges successfully, maintaining a positive outlook with a buy rating and a price target of $256 for Apple shares. The implementation of these changes has sparked discussions about Apple's dominance and the implications for developers operating within its ecosystem, particularly regarding the 30% commission on in-app purchases.