As part of the preparation for his testimony regarding Apple’s antitrust issue, Tim Cook shares his prepared statement for the Wednesday hearing with other CEOs of Google, Facebook, and Amazon.
Tim Cook is one of the CEOs who will testify in front of the antitrust committee on Wednesday via online meeting. In his opening statement published on Tuesday, the 9-year-Apple-CEO started by recognizing John Lewis whom he has known personally and proceeded on talking about Apple’s promise to “make things that we would recommend to our family and friends.”
The 59-year-old CEO wrote that iPhone is far from being the only available tech choice for consumers, considering they are in fierce competition with LG, Google, Samsung, and Huawei – all of which do not lack effort in providing the best user experience, wherein they have earned great revenues in the smartphone business individually. “Apple does not have a dominant market share in any market where we do business. That is not just true for iPhone; it is true for any product category,” added Cook.
To give some light over the criticism that the App Store has inconsistent rules and that the company takes 30% from transactions made through the store, Cook clarified that developers keep 100 percent of the money they make and the only apps with a commission are the ones where the developer obtains a customer through an Apple product, in which the services or features would be both used and experienced on an Apple device.
“Apple’s commissions are comparable to or lower than commissions charged by the majority of our competitors. And they are vastly lower than the 50 to 70 percent that software developers paid to distribute their work before we launched the App Store,” he continued.
Even though the App Store has never increased the commission by any cent, Cook doesn’t deny that the scrutiny is reasonable in which he promises to go along the Congress’ process with respect.
The antitrust committee has called upon the chief executive officers of 4 of the dominating tech companies to get information on Apple, Amazon, Facebook, and Google’s dominance in the industry after a year of investigation.