Amid turbulent antitrust discussions regarding the App Store yesterday, Apple boasted of ‚growing the pie‘ for developers in its quarterly earnings call.
Despite ongoing challenges presented by the global COVID-19 health pandemic, Apple reported a record third-quarter 2020, with an increase in revenue in both products and services. Amid grueling questions from Congress over antitrust issues and complaints from developers, Apple boasted how its App Store has contributed greatly to the economy. “We do not have a zero-sum approach to prosperity, and especially in times like this, we’re focused on growing the pie, making sure our success isn’t just our success,” CEO Tim Cook said during the company’s earnings call. Cook boasted about a new Swift coding curricula, a professional learning course exclusive to educators, and adding more coding centers at 10 historically black colleges and universities. Prior to Apple’s earnings report, analysts had speculated a potential decline in earnings, even calling the quarter a potential “throwaway” for Apple due to more limited consumer spending and recent store closures from the pandemic.
