Tim Cook, CEO of Apple, speaks in Brussels, on October 24, 2018.
ARis Oikonomou | AFP | Getty Images
Apple CEO Tim Cook plans to inform the House Antitrust Subcommittee on Wednesday that the corporate is in fierce competitors with rivals for the smartphone market.
“The smartphone market is fiercely competitive, and companies like Samsung, LG, Huawei, and Google have built very successful smartphone businesses offering different approaches,” Cook stated in prepared remarks launched by the committee. “Apple does not have a dominant market share in any market where we do business.”
Cook is one in every of 4 know-how CEOs who will seem in Wednesday’s listening to. He might be joined by Alphabet and Google CEO Sundar Pichai, Amazon CEO Jeff Bezos, and Facebook CEO Mark Zuckerberg. All 4 CEOs released prepared remarks on Tuesday night time.
Cook’s prepared remarks recommend that the corporate will closely make use of a protection leaning on the truth that Apple doesn’t have a majority of the smartphone market — solely 46% of smartphones shipped within the U.S. within the first quarter had been Apple’s, according to Counterpoint Research.
Apple is going through criticism over its App Store, which is the one strategy to set up shopper software program on an iPhone. Detractors say that the shop has difficult and inconsistent guidelines, and that Apple’s 30% take of digital transactions made by means of apps bought within the retailer is simply too excessive.
Cook plans to debate the origins of the shop, which was created in 2008, and Apple’s the explanation why it maintains management over what stays on the App Store and what’s not allowed. Detractors usually say that Apple’s method to software program distribution is sort of a walled backyard, and Apple is the gatekeeper.
“Clearly, if Apple is a gatekeeper, what we have done is open the gate wider. We want to get every app we can on the store, not keep them off,” Cook stated within the remarks.
Cook will even defend the corporate’s 30% price of digital transactions on the App Store.
“Apple’s commissions are comparable 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,” Cook stated within the prepared remarks.