Epic says that Apple has threatened to cut off its access to all iOS and Mac developer tools as retaliation for sneaking a new payment option into Fortnite last week.

Apple released this statement:

The App Store is designed to be a safe and trusted place for users and a great business opportunity for all developers. Epic has been one of the most successful developers on the App Store, growing into a multibillion dollar business that reaches millions of iOS customers around the world. We very much want to keep the company as part of the Apple Developer Program and their apps on the Store. The problem Epic has created for itself is one that can easily be remedied if they submit an update of their app that reverts it to comply with the guidelines they agreed to and which apply to all developers. We won’t make an exception for Epic because we don’t think it’s right to put their business interests ahead of the guidelines that protect our customers.

Epic Games has filed yet another lawsuit against Apple. The Fortnite developer is now suing the Cupertino-based company for allegedly retaliating against it for its other lawsuit last week. Apple has not only removed the game from the App Store but has told Epic that it will “terminate” all its developer accounts and “cut Epic off from iOS and Mac development tools” on August 28th.

The fight between Apple and Epic Games is moving beyond Fortnite. Apple is now threatening to disable Epic’s developer tools, which could have a massive ripple effect. Aneesh Chopra, president of CareJourney who served as the first U.S. Chief Technology Officer under President Obama, joins “Squawk Box” to discuss.

Source: https://www.youtube.com/watch?v=JlkHthbztIo

finviz dynamic chart for  aapl