Apple's Tim Cook is keeping his August winning streak going

Core Viewpoint - The US government supported Apple in its legal battle against a UK order that would have required the company to provide access to encrypted user data, resulting in the UK agreeing to drop the order [1][3]. Group 1: Legal and Regulatory Developments - The dispute began when the UK issued a secret order for Apple to create a back door to user data, which was first reported by the Washington Post [2]. - US congressmen urged the Director of National Intelligence to challenge the UK order, citing concerns over civil liberties [2][3]. - The UK government has not confirmed the existence of the order but agreed to drop it following discussions with the US [1][4]. Group 2: Business Performance and Market Position - Apple reported stronger-than-expected iPhone sales in late July, contributing to a positive outlook for the company in August [4]. - The company received a favorable ruling from US Customs, allowing it to reintroduce a blood-oxygen monitoring feature in some Apple Watch models, which had been removed due to a patent dispute [10]. - Apple's CEO Tim Cook's visit to the White House and the assurance that US-built companies would not face a 100% tariff on semiconductor imports alleviated concerns about potential cost increases [8][9].