Apple Inc. (NASDAQ:AAPL) has authorized Fortnite's re-entry into the US App Store, bringing an end to a five-year absence that started in 2020. The ruling comes after the court warned the firm on Monday to either allow the app or settle its conflict with Epic Games. Epic submitted Fortnite for assessment on May 9, but Apple Inc. (NASDAQ:AAPL) postponed its approval until Tuesday.Apple Brings Back Fortnite to U.S. App Store After Five-Year Absence In 2020, Fortnite was taken out of the App Store when Epic circumvented Apple Inc. (NASDAQ:AAPL)'s in-app payment mechanism, which levies commissions of up to 30%. This led to a lengthy court dispute. Epic recently won a legal battle that stopped Apple Inc. (NASDAQ:AAPL) from restricting the appearance of links in apps that link out for payments or charging commissions for those links. As a result, companies such as Spotify and Amazon started adding direct purchase links to their apps. Last week, Epic launched a lawsuit against Apple Inc. (NASDAQ:AAPL) for its protracted review process. The business is presently contesting the most recent court ruling and attempting to undo the modifications made to App Store policy. After losing its developer account in the US, Epic used the Digital Markets Act to reenter the European app market through third-party stores. Revenue from Apple's Services division, which includes App Store fees, came to around $27 billion in the March quarter. While we acknowledge the potential of AAPL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AAPL and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. View Comments
Apple Brings Back Fortnite to U.S. App Store After Five-Year Absence
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