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RolStoppable said:

Where are people reading this? All that's happening if Epic doesn't comply by August 28th is that Epic loses the ability to work on updates for the Unreal Engine for iOS and Mac, plus Epic's games will all be taken down. Other developers can keep working with the current version of UE and sell games that use it on Apple's store. Nothing is happening to them.

The consequence is that Epic's UE will get outdated over time, so developers will be looking for engines that will be kept up to date for all viable platforms. Apple is targeting Epic's engine business with this move. Developers can opt for other engines, such as Unity, for future game development.

Unity is not very well equipped for mobile development. Even simple Unity games eat much battery and have bad performance. Anyway no studio wants or will change their whole development cycle to Unity only because Apple wants to earn more money. 

At the moment many developers are thinking about slowing down support (or already done that) for iOS anyway because 90+% of smartphones runs on Android and the percentage of iOS phones is decreasing every year. Apple Arcade is a catastrophic flop and iOS gets less and less revelant in the mobile gaming scene.

If UE gets outdated on iOS/MacOS it would simply mean that these platforms get fewer games. Mac was obviously never a platform that gaming developers would think about. Simple games like Candy Crush, Magic Alchemist, etc. will be developed for iOS but more demanding games (even boring ones as Fortnite) will just leave the platform.