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Apple agrees to reveal India revenue as it faced massive $38B fine

Apple agrees to reveal India revenue in order to avoid massive $38B fine | Photo of an Apple Store in France taken using a prism for colourful effects

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 …

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India orders Apple to pre-install an undeletable state security app on iPhones

India orders Apple to pre-instal an undeletable state security app on iPhones | Photo shows the silhouette of a person against a background representing data

The Indian government has ordered Apple and other smartphone manufacturers to pre-install a state-owned “security” app on all phones before they are sold to users. Update: As we predicted, Apple has pushed back, but more aggressively by stating outright that it will not comply.

Adding fuel to the privacy fire, the government is also requiring smartphone makers to ensure that the app cannot be removed by users …

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