Apple shares fall 3% in premarket after China reportedly considers probe into App Store practices

Core Viewpoint - Apple shares experienced a decline of 2.6% in premarket trading following reports that Chinese regulators are contemplating a formal investigation into the company's App Store fees and policies [1][2]. Group 1: Regulatory Scrutiny - The State Administration for Market Regulation (SAMR) is examining Apple's policies, which include a potential 30% cut on in-app spending and restrictions on third-party payment services and app stores [2]. - As of the report, SAMR has not made a decision on whether to initiate a formal investigation into Apple [2]. Group 2: Market Reaction - Following the news, Apple shares fell by 2.6% at 09:06 a.m. London time during premarket trading [1].