Apple Plans to Make New Changes to App Store to Increase Margins and Recurring Revenue: Report

Apple's new CEO, John Ternus, and the new head of the App Store, Eddy Cue, are planning to bring new changes to the marketplace to “make even more money”, Bloomberg’s Mark Gurman writes in the latest edition of his weekly newsletter 'Power On'.

Ternus and Cue are reportedly looking at ways to raise margins and increase the recurring revenue from the App Store.

While the report does not highlight the exact changes that could be made, they could be implemented in the coming months or weeks, allowing the company to further increase its profits.