Apple filed an appeal over the European Union’s $587 million fine on Monday – escalating a showdown over enforcement of a sweeping antitrust law targeting Big Tech firms.EU antitrust regulators slapped Apple with the first-of-its-kind fine in April after finding CEO Tim Cook’s firm prevented rival app developers from quickly steering customers to services outside its App Store.“We believe the European Commission’s decision — and their unprecedented fine — go far beyond what the law requires,” Apple said in ...

SAN DIEGO, July 7, 2025 /PRNewswire/ -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in Apple Inc. (NASDAQ: AAPL) shares.Investors who purchased in excess of $250,000 in shares of Apple Inc. (NASDAQ: AAPL) between June 10, 2024 and June 9, 2025, have certain options and there are short and strict deadlines running. Deadline: August 19, 2025. NASDAQ: AAPL investors should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.On June ...

Apple has appealed what it calls an “unlawful” $580 million fine from the European Union.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.“We believe the European Commission’s decision — and their unprecedented fine ...

White House trade advisor Peter Navarro chastised Apple CEO Tim Cook on Monday over the company's response to pressure from the Trump administration to make more of its products outside of China."Going back to the first Trump term, Tim Cook has continually asked for more time in order to move his factories out of China," Navarro said in an interview on CNBC's "Squawk on the Street." "I mean it's the longest-running soap opera in Silicon Valley."CNBC has reached out to Apple for comment on Navarro's criticis ...

当地时间7日，苹果公司就欧盟因其违反《数字市场法》而处以的5亿欧元(5.86亿美元)罚款提起上诉。 (央视新闻) ...

Two young men stand inside a shopping mall in front of a large illuminated Apple logo seen through a window in Chongqing, China, on June 4, 2025.Apple on Monday appealed what it called an "unprecedented" 500 million euro ($586 million) fine issued by the European Union for violating the bloc's Digital Markets Act."As our appeal will show, the EC [European Commission] is mandating how we run our store and forcing business terms which are confusing for developers and bad for users," the company said in a stat ...

LOS ANGELES, July 7, 2025 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Apple Inc. ("Apple" or "the Company") (NASDAQ: AAPL) for violations of securities laws.Shareholders who purchased the Company's securities between June 10, 2024, and June 9, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before August 19, 2025.CASE DETAILS: The Complaint alleges that the Company issued false and misleading statements to the public. Apple provided investor ...

Group 1 - Apple has filed an appeal against the EU's decision to impose a €500 million fine for non-compliance with the Digital Markets Act [1] - The European Commission issued the fine in April, stating that Apple did not allow developers to accept payments outside of the App Store [1] - In late June, Apple revised its fee structure for app distribution in the EU to include an initial acquisition fee, a store services fee, and a core technology commission [2] Group 2 - Apple argues that the European Commission's decision and fine exceed legal requirements and impose confusing business terms on developers [3] - The company believes that the mandated changes are detrimental to users [3]

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Core Viewpoint - A lawsuit has been filed against Apple Inc. and certain senior executives for potential violations of federal securities laws, specifically related to misrepresentations about the AI capabilities of Siri and the iPhone 16 product cycle [1][2][3]. Group 1: Lawsuit Details - Investors have until August 19, 2025, to request to lead the case, which is pending in the U.S. District Court for the Northern District of California [2]. - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Apple securities [2]. Group 2: Allegations Against Apple - The complaint alleges that Apple misrepresented the advanced AI features of Siri and the timeline for their integration into devices [3][4]. - It is claimed that Apple did not have a functional prototype of the advanced AI features and misrepresented the development timeline [4]. Group 3: Stock Performance Impact - Following the announcement on March 7, 2025, that Apple would indefinitely delay several AI-based Siri features, the stock price fell by $11.59, or nearly 5%, from $239.07 to $227.48 per share [5]. - On June 9, 2025, after the Worldwide Developer Conference where no new updates on Siri features were announced, the stock price declined by $2.47, or over 1%, from $203.92 to $201.45 per share [6].