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657 Apple’s new CFO Kevan Parekh disputes 75% App Store profit as claimed in UK trial

Firstpost Tech
Firstpost Tech · 01/20/2025 05:18 EDT

Apple’s new CFO Kevan Parekh disputes 75% App Store profit as claimed in UK trial

Kevan Parekh directly challenged the 75 per cent profit margin claim presented by the prosecution. This figure was based on evidence from a similar US case, but Parekh testified that calculating such a high profit margin was not “inaccurate”

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