The Washington Post What the Epic v. Apple lawsuit means for the gaming industry
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U.S. District Judge Yvonne Gonzalez Rogers ruled Friday that Epic failed to prove that Apple is a monopolist and, as such, it now owes Apple revenue commissions as back payment. The judge also ruled that Apple cannot keep developers from directing customers to alternative payment methods outside its App Store, citing California competition laws. The ruling also has massive implications for ongoing antitrust suits in the gaming industry and particularly for the mobile gaming world.
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Gonzalez Rogers’s decision means developers can funnel iOS users to other payment methods, cutting Apple out of some commissions and increasing their own profit margins.
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“This verdict … opens a path for tremendous [profit] margin expansion for developers,” said Dan Burkhart, CEO of Recurly, a subscription management and billing platform.
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“I expect all the developers to include links to their own purchasing mechanisms. Obviously, not all gamers are going to click on that link, but we will finally have some meaningful competition in digital mobile gaming transactions,” said Florian Ederer, associate professor of economics at the Yale School of Management. “I also expect it to have big incentives for innovation in mobile gaming because game developers will get to keep some of the 30 percent of revenue that they had to hand over to Apple.”
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Boeing sees full commercial air recovery by 2024 TUE, SEP 14, 2021 - 8:43 PM
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[NEW YORK] Boeing said on Tuesday that the commercial aviation market should fully recover by 2024 from its pandemic slump, as the industry giant lifted its aerospace forecast for the next decade.
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Boeing projected a US$9 trillion aerospace market over the next decade, up from the US$8.5 trillion outlook a year ago, according to its annual market outlook report.
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"As our industry recovers and continues to adapt to meet new global needs, we remain confident in long-term growth for aerospace," said Boeing chief strategy officer Marc Allen.
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"We are encouraged by the fact that scientists have delivered vaccines more rapidly than imaginable and that passengers are demonstrating strong confidence in airplane travel."
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Compared with last fall's projection, Boeing now sees increased orders for commercial planes and aviation services over the next decade, and the same level of demand for defence and space as previously forecast.
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"We've lost about two years of growth," Darren Hulst, vice-president for commercial marketing at Boeing, said in a media briefing. "However, we see a recovery to pre-virus levels by the end of 2023 or early 2024." Looking further out, Boeing said the 20-year growth outlook "remains intact", with passenger travel averaging four per cent annual growth, above the 2.7 per cent in global economic growth expected over this period.
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Open these presentations and review
Influence on decision-making
5.6
Investment Appraisal
6.3
Diversification
6.4.
Change Management
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