Description

Spotify’s War On Apple: How One App Is Undermining The iPhone’s Powerhouse

Spotify’s decade-long battle with Apple over App Store fees has escalated into a defining global fight over mobile market power, and it’s showing signs of denting Apple’s dominance. The most recent development came from Spotify’s Q2 2025 earnings call, where CEO Daniel Ek directly credited the U.S. legal win against Apple in the Epic v. Apple case for improving Spotify’s subscription conversion rates. For years, Apple restricted developers from directing users to alternative payment options. But now, Spotify can communicate directly with lapsed subscribers and include a call-to-action in the app—a shift from previous limitations that forced users through email and web redirects. Spotify is also pushing regulators in Europe to enforce the Digital Markets Act (DMA) and the U.K.’s DMCC, which could dramatically reshape Apple’s mobile gatekeeping. As global scrutiny intensifies, Spotify is not only carving out more freedom for itself but also setting precedents that may benefit developers worldwide.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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