Stockreport

France Fines Apple 150 Million Euros Over Privacy Feature [Barron's]

Apple Inc. (AAPL) More Company Research Source: Barrons

Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report

US:NASDAQ Investor Relations: investor.apple.com

The watchdog said the way Apple implemented its App Tracking Transparency (ATT) software was "neither necessary nor proportionate to the company's stated goal to protect user data" and also penalised third-party publishers. In addition to the fine, Apple will have to publish the decision on its website for seven days. Authorities in Germany, Italy, Romania and Poland have opened similar probes over ATT, which Apple promotes as a privacy safeguard. "While we are disappointed with today's decision, the French Competition Authority has not required any specific changes to ATT," Apple said in a statement. The feature, introduced by Apple in 2021, requires apps to obtain user consent through a pop-up window before tracking their activity across other apps and websites. If they decline, the app loses access to information on that user which enables ad targeting. Critics have accused Apple of using the system to promote its own advertising services while restricting competitors. [Read more]

IMPACT SNAPSHOT		EVENT TIME:			AAPL
Last Price	Price Change	Price Change %	Volume Shares	Max Up	Max Down	Volume Ratio %

Performance comparison Updated

EVENT DAY Stock performance from the time of news release until the following 4pm ET market close	LAST PRICE AT NEWS EVENT	SINCE EVENT Multi-day stock performance from the time of the news release
EVENT DAY Stock performance from the time of news release until the following 4pm ET market close	LAST PRICE AT NEWS EVENT	SINCE EVENT Multi-day stock performance from the time of the news release
	LAST PRICE
	VWAP
High:	MAX UP	High:
Low:	MAX DOWN	Low: