Apple CFO Denies Claims Of 75% Profit Margins On App Store: 'I Wouldn't Say They're Accurate'

In a recent antitrust trial, Apple's Chief Financial Officer (CFO), Kevan Parekh, refuted claims that the tech giant enjoys a 75% profit margin on its App Store. The trial, led by Epic Games, alleges that Apple's App Store operates as a monopoly, stifling competition and innovation. However, Parekh disputed these figures, stating, "I wouldn’t say they’re accurate."