11:36 AM EDT, 08/14/2024 (MT Newswires) -- Apple ( AAPL ) and Tencent Holdings are in talks about sharing the revenue generated from WeChat mini games in-app purchases on Apple's ( AAPL ) iOS, Tencent Chief Strategy Officer James Gordon Mitchell said Wednesday.

Mitchell told analysts on an earnings call that Tencent currently does not monetize the Tencent-developed WeChat's mini games via in-app transactions on iOS.

"I think it would be in our interest and Apple's ( AAPL ) interests, but more so for the game developers and the users' interests if that monetization were made available," Mitchell said, according to a Capital IQ transcript.

"But we want to make it available on terms that we think are economically sustainable and that are also fair," he added.

Mitchell expressed hopes that the discussions would yield positive results. "But in the event that the discussion doesn't progress, then the current status quo continues," he said.

Apple ( AAPL ) did not immediately reply to MT Newswires' request for comment.

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