Apple, Inc. AAPL is making a return to high-budget theatrical releases with the opening of its racing drama "F1" on Friday. The film's reported $300 million budget highlights both the company's determination to make a mark in Hollywood and the persistent financial challenges it faces in this arena. What To Know: Despite Apple's massive resources—a $3 trillion market cap and annual profits nearing $100 billion—its video production unit, which includes Apple Original Films and Apple TV+, has never turned a pr ...

NEW YORK, June 27, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Apple Inc. ("Apple Inc." or the "Company") (NASDAQ: AAPL) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Apple Inc. investors who were adversely affected by alleged securities fraud between June 10, 2024 and June 9, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/apple-inc-lawsuit-submission-form-2?pr ...

In this photo illustration, the DeepSeek logo is seen displayed on a smartphone screen and in the background, the flag of the European Union.One of Germany's data protection watchdogs on Friday said DeepSeek's app illegally sends user data to China and asked Google and Apple to consider blocking the artificial intelligence service.Berlin's data protection commissioner Meike Kamp said in a statement that DeepSeek's transfer of German user data to China is "unlawful." There is not a readily available way to g ...

Core Viewpoint - A class action lawsuit has been filed against Apple Inc. for allegedly misleading investors regarding the integration of advanced AI features into its Siri digital assistant, which may have negatively impacted iPhone 16 sales and overstated the company's financial outlook [3][4][5]. Group 1: Allegations and Impact - The lawsuit claims that Apple misrepresented the timeline for integrating AI features into Siri, leading to doubts about their availability in the iPhone 16 [3]. - Following the announcement of an indefinite delay for Siri updates on March 7, 2025, Apple's stock price experienced a decline [4]. - Morgan Stanley analyst Erik Woodring reduced Apple's price target from $275 to $252 due to the Siri delays, noting that around 50% of users who chose not to upgrade to the iPhone 16 cited the lack of promised AI features [5]. - An article from The Wall Street Journal criticized Apple for failing to deliver on its AI promises, resulting in a stock price drop of over 7% [6]. - At the Worldwide Developers Conference on June 9, 2025, Apple did not provide significant updates on Siri capabilities, leading to another decline in stock price [7]. Group 2: Legal Context and Previous Cases - Robbins Geller Rudman & Dowd LLP, the firm leading the current case, previously secured a $490 million recovery in a securities fraud case involving Apple, marking it as one of the largest recoveries in the Northern District of California [8].

Apple on Thursday changed rules and fees in its App Store in the European Union after the bloc’s antitrust regulators ordered it to remove commercial barriers to sending customers outside the store.Apple said developers will pay a 20% processing fee for purchases made via the App Store, though the fees could go as low as 13% for Apple’s small-business program.Developers who send customers outside the App Store for payment will pay a minimum fee of 5% and at most 15%. Developers will also be able to use as m ...

苹果公司将在7月7日之前对欧盟的5.83亿美元《数字市场法》罚款提出上诉。(智通财经) ...

智通财经6月27日电，苹果公司将在7月7日之前对欧盟的5.83亿美元《数字市场法》罚款提出上诉。 ...

Core Viewpoint - Apple has revised its App Store policies in Europe to comply with the Digital Markets Act and avoid a potential fine of 500 million euros ($585 million) from the EU [1][3]. Policy Changes - The new policies involve a complex fee structure for app developers, with some now facing three separate fees for a single download [2]. - A new "core technology commission" fee of 5% will be applied to all digital purchases made outside the App Store [2]. Compliance and Regulatory Pressure - Apple claims that the changes were not voluntary but were necessitated by the European Commission's regulations, which could impose fines of up to 50 million euros per day [3]. - The European Commission is currently reviewing Apple's new terms to determine compliance with the Digital Markets Act [3][4]. Market Dynamics - The situation highlights Apple's strong defense of its App Store policies, which are a significant revenue source, generating fees between 15% and 30% on downloads [4]. - Despite a recent court ruling in the U.S. that prohibited certain practices, Apple continues to assert its right to a commission on iPhone apps linking to overseas digital purchases [5].

Core Insights - Apple is enhancing its Services offerings, achieving over 1 billion paid subscribers, more than double from four years ago [1] - Services revenue grew 11.6% year-over-year to $26.65 billion in the fiscal second quarter, driven by product upgrades and new features [10] - The introduction of Apple Intelligence into Services is expected to further boost revenue growth [1][3] Services Expansion - New features announced at the Worldwide Developers Conference include AutoMix and Lyrics Translation in Apple Music, and enhanced navigation in Apple Maps [2] - Apple Wallet now incorporates Apple Intelligence for improved order tracking and payment flexibility through Apple Pay [3] - An update to Apple Maps provides users with rankings and insights for restaurants, hotels, and more, contributing to user engagement [4] Competitive Landscape - Major competitors in the Services space include Netflix and Disney, both of which have strong subscriber bases and content strategies [5][6][7] - Netflix aims to double its revenues by 2030, leveraging a diverse content portfolio and high engagement levels [6] - Disney has a significant global audience with 157 million active users, benefiting from its ad-supported streaming content and strong domestic park revenues [7] Financial Performance - Apple shares have decreased by 19.5% year-to-date, underperforming the broader technology sector [8] - Services revenues are projected to grow at a compound annual growth rate (CAGR) of 15.6% from 2024 to 2027 [4][10] - The forward 12-month Price/Sales ratio for Apple is 7.25X, compared to the industry average of 6.75X, indicating a premium valuation [12] Earnings Estimates - The Zacks Consensus Estimate for fiscal Q3 2025 earnings is $1.41 per share, reflecting a 0.71% year-over-year growth [14] - The consensus for fiscal 2025 earnings is $7.11 per share, suggesting a 5.33% year-over-year growth [15]

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights into sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance its content creation and workflow processes [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]