Apple agrees to reveal India revenue in order to avoid massive $38B fine (opens in new tab)

Apple has agreed to reveal its revenue in India so that the government can calculate how much it should be fined for antitrust violations. The company was found guilty of exploiting its dominant position in iPhone apps back in 2024, but the company initially refused to reveal financial data within the country. That potentially left it facing the world’s last largest antitrust fine of a massive $38 billion … more…