Apple's 27% App Store Fee Plan Gets Skeptical Reception by Judge [Yahoo! Finance]
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Apple Inc. (AAPL)
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Source: Yahoo! Finance
federal judge questioned an executive about a company-commissioned study showing half that rate would be reasonable. Most Read from Bloomberg China Attempts to End Property Crisis With Broad Rescue Package A 25-Year-Old BofA Trader Dies Suddenly at Industry Outing With a BlackRock CEO, $9 Trillion Vanguard Braces for Turbulence Voters Prefer Trump Over Biden on Economy. This Data Shows Why US Inflation Data Was Accidentally Released 30 Minutes Early US District Judge Yvonne Gonzalez Rogers in Oakland, California, heard a fourth day of testimony to determine whether the iPhone maker is abiding by a 2021 court order in an antitrust case brought by Fortnite-maker Epic Games Inc., which included allowing app developers to link to payment options not controlled by Apple. Carson Oliver, senior director for business management for the App Store, testified Friday that Apple hired economic consulting firm Analysis Group Inc. to help create a new commission rate for purchases.
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- Apple Inc. (NASDAQ: AAPL) was upgraded by analysts at Rosenblatt Securities from a "neutral" rating to a "buy" rating. They now have a $260.00 price target on the stock, up previously from $196.00.MarketBeat
- Apple Inc. (NASDAQ: AAPL) was upgraded by analysts at Rosenblatt Securities from a "neutral" rating to a "buy" rating. They now have a $260.00 price target on the stock, up previously from $196.00.MarketBeat
AAPL
Earnings
- 5/2/24 - Beat
AAPL
Sec Filings
- 6/3/24 - Form 4
- 5/30/24 - Form 144
- 5/17/24 - Form 4
- AAPL's page on the SEC website