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The lawsuit may result in a "hefty fine" for Apple and potentially, changes to its business model down the line, Wedbush Securities said. Shares fell 1% in premarket trading on Thursday.
Apple's stock fell Monday morning after EU regulators slapped the company with a $2 billion fine. The fine is part of the EU's push to get Apple to open up its App Store. Investors are trying to ...
Apple’s nightmare with lawsuits and hefty fines won’t end anytime soon. The tech giant recently decided to comply with DMA rules to avoid an EU fine over browser choice for iPhones.
The charge against Apple was the first by the Commission under its Digital Markets Act (DMA). The fine is likely to come this month although the timing could still change, the sources said.
Apple’s troubles with the EU aren't over yet, and we could end up seeing the tech giant incurring a fine for violating the Digital Markets Act (DMA). According to sources talking to Bloomberg ...
Authorities found that Apple used data from its users in South Korea to predict when people couldn’t pay for App Store ...
Apple has a Spotify problem—and it just cost the iPhone maker a $2 billion fine from the European Commission. The feud’s early days were civil, with few barbs traded in public. “We worry ...
After a years-long investigation, the European Commission levied a fine against Apple of €1.8 billion — about $1.95 billion — for “abusing its dominant position on the market for the ...