This is easily one of the most expansive Acts regarding computing devices passed in my lifetime. The summary is in the link. As an iPhone user, this will enable me to: * Install any software * Install any App Store and choose to make it default * Use third party payment providers and choose to make them default * Use any voice assistant and choose to make it default * User any browser and browser engine and choose to…
It certainly puts a huge incentive on Apple to figure out technical solutions to problems like "How do we get other browser engines on this thing without compromising a hundred OS assumptions, battery performance, or user security," but it's also possible Apple decides that's a no-go and it'll cost more than 25% of annual revenue to comply, at which point the winning market strategy is opt-out. That's fine; win-win for the EU market because it clears the playing field for a European-originated competitor to the iPhone.
ETA I forgot the third possibility: Apple decides it will cost more than 10% (and later 20%) of revenue to comply, but the 5% bump in value is still worth it and they write off non-compliance as a tax to do business in Europe. Then if the EU tries to impose structural or behavioral changes, we're back to square one on the question of whether those changes cost more than (now) 5% of Apple's revenue.