Apple Appeals After Judge Finds Company Disobeyed Ruling

Core Points - Apple has appealed a ruling by U.S. District Judge Yvonne Gonzalez Rogers, which found that the company violated a court order related to competition in the App Store [1] - The judge emphasized that Apple's attempts to interfere with competition are unacceptable and that the ruling is an injunction, not a negotiation [2] - The judge accused Apple of adopting lies and misrepresentations in court regarding its commission policy [3] Financial Impact - The financial implications of the ruling are uncertain, particularly regarding whether companies like Epic Games and Spotify can persuade Apple customers to transact directly with them [5] - Bank of America indicated that if the ruling does not favor Apple, it could impact "billions" of dollars in high-margin revenue [5] Regulatory Challenges - Apple is also facing regulatory scrutiny in Europe concerning the App Store and an antitrust investigation by the Department of Justice [6]