Bloomberg iconBloombergSep 6, 2026 ~2 min source read

Gurman on Schiller’s Departure and Ternus’s Goals for the App Store

It generates an estimated $30 billion a year and can be very challenging to manage. Apple's app marketplace is loved by many consumers, but often criticized by developers and subjected to increasingly onerous regulations.

Share this story

Send the public story page.

Useful takeaways from this story.

It generates an estimated $30 billion a year and can be very challenging to manage.

Apple's app marketplace is loved by many consumers, but often criticized by developers and subjected to increasingly onerous regulations.

Apple Events, meanwhile, is how the company communicates its new product launches to customers.

Building the complete brief

The page is ready to read now. The fuller skim-friendly version will appear here automatically.

The useful part

It generates an estimated $30 billion a year and can be very challenging to manage. Apple's app marketplace is loved by many consumers, but often criticized by developers and subjected to increasingly onerous regulations. Apple Events, meanwhile, is how the company communicates its new product launches to customers.

How it works

  • Now, Schiller is 66 and clearly wanted to have some semblance of retirement.
  • Schiller,, seems to believe that such moves will only further irk developers and governments.
  • While there was no internal blowup or anything like that, it's something he wanted no part of.
  • I sure hope that's not true, because that would be awful — making a bad situation worse — and pretty much the exact opposite of what Apple ought to do.
  • I know that is controversial, I just tee it up as another way to look at the size of the business, what we want to achie...

Details worth keeping

Mark Gurman, in his weekend Power On column at Bloomberg (gift link): The veteran executive ran the App Store and Apple Events. It was a busy, all-encompassing gig and nowhere near a semiretirement.

Keep reading in the app

Open the app view to save this story, compare related coverage, and continue from the same source.

Open in app