People have already invested $1000 into their phones. It will take a long time to get them to switch (probably years tbh) and apple thinks they can wait longer than app developers.
Many of the apps in the Apple App Store—including Coinbase—also offer a web interface which would work fine in Safari. People would not even have to switch phones.
There is a reason these companies make apps, they increase engagement and make it easier to track users. I don't big tech is ready to give up apps on iPhones.
Me either, which is the point: companies complain about the App Store cut, but they are obviously getting value for it because they don’t pull their apps.