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Apple had a record-breaking quarter that showed strong growth in all areas of its business, but clouds loom on the horizon. A global semiconductor shortage threatens Mac and iPad sales, the EU ruled that the App Store is anticompetitive, and Apple’s court case with Epic Games is about to kick off. Did Tim Cook suggest that Apple is ready to change its policies to avoid even harsher sanctions? And upon further consideration, does Apple Podcasts Subscriptions create another barrier to competition in the App Store?