Apple CFO Kevan Parekh denied claims of a 75% profit margin on the App Store during a U.K. antitrust trial, arguing that ...

Kevan Parekh directly challenged the 75 per cent profit margin claim presented by the prosecution. This figure was based on ...

Apple's Chief Financial Officer, Kevan Parekh, has testified at a UK trial, disputing claims by the prosecution that the ...

Phone sales face near-term headwinds from weak consumer sentiment and delayed AI rollout, but expanding gross margins and a ...

Apple’s incoming CFO didn’t get much time to settle in before he found himself in court defending the company against a class ...

The Indian-American Leads Apple's Financial Future - Indian-born executive Kevan Parekh has been appointed as Apples CFO. His ...

Apple has abused its dominant position by charging app developers an unfair 30% commission through its App Store, costing ...

Kevan Parekh told a London court on Thursday it was impossible to accurately determine the standalone profitability of its App Store after it was accused in a lawsuit of abusing a dominant ...

Apple is accused of overcharging consumers for software sold via the App Store in a £1.5 billion class-action lawsuit bought ...

The case, which was first launched in 2022, accuses Apple of abusing its market position by charging commissions up to 30% on ...