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Apple agrees to reveal India revenue in order to avoid massive $38B fine

9to5Mac • Wed, 03 Jun 2026

Apple agrees to reveal India revenue in order to avoid massive $38B fine

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…

What happened?

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…

Story details

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…

Why it matters

This page keeps Apple rumors separate from official updates, so readers can follow early reports without confusing them with confirmed announcements.

Original source

https://9to5mac.com/2026/06/03/apple-agrees-to-reveal-india-revenue-in-order-to-avoid-massive-38b-fine/