Apple(US:AAPL) Sou Hu Cai Jing·2026-01-04 09:04Core Insights - The article highlights the emergence of high-interest loan applications like "Zhen You Qian" on the App Store, which bypassed Apple's stringent review process and charged exorbitant interest rates, raising concerns about the platform's security and compliance standards [2][3][4]. Group 1: App Store Compliance Issues - The "Zhen You Qian" app was able to secure a loan of 3,500 yuan with a repayment of 4,970 yuan in just 10 days, reflecting a daily interest rate of approximately 4.2% and an annualized rate exceeding 1500%, far above the legal limit [2]. - Despite Apple's claim of a rigorous review process, the app managed to evade scrutiny, indicating a significant gap in the platform's ability to detect and prevent illegal lending practices [3][4]. - The compliance of such apps often relies on superficial measures, such as submitting a standard privacy agreement, which allows them to pass through both automated and manual reviews without addressing core compliance issues [4]. Group 2: Broader Regulatory Challenges - Apple's App Store, a key revenue source, is facing increasing external pressures from global regulatory bodies, leading to a potential reevaluation of its business model and revenue-sharing practices [7][8]. - The European Union's Digital Markets Act has forced Apple to reduce its commission rates, while similar regulatory actions are emerging in Japan and Brazil, indicating a global trend towards breaking Apple's distribution monopoly [8][9]. - In contrast, the Chinese market remains relatively unchanged, with Apple maintaining its existing commission structure, but the global trend towards openness and reduced fees may necessitate a strategic shift in China [9]. Group 3: Opportunities for Improvement - The incident with high-interest loan apps should serve as a catalyst for enhancing governance in global app distribution platforms, focusing on collaboration with financial regulatory bodies and improving transparency in app review standards [11]. - Implementing advanced technologies, such as AI, could help identify predatory lending practices and ensure compliance with legal standards, thereby rebuilding user trust in the App Store [11][12]. - The transition from being merely a "gatekeeper" to a "responsible guardian" of user safety is essential for maintaining long-term trust and adapting to the evolving regulatory landscape [12][13].