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VoIP-Pal Affirms Court Acceptance of Second Amended Complaint and Service upon Defendants in Federal Antitrust and RICO Lawsuit
Globenewswire· 2025-05-13 12:00
WACO, Texas, May 13, 2025 (GLOBE NEWSWIRE) -- VoIP-Pal.com Inc. (OTCQB: VPLM) announced that the United States District Court for the District of Columbia has granted its motion for leave to enter its Second Amended Complaint as the operative pleading in its ongoing federal antitrust and RICO action against AT&T, Verizon, and T-Mobile. Additionally, VoIP-Pal confirms they have served all Defendants through their legal counsel by the previously extended court deadline of April 23, 2025. Following the effecti ...
Apple Stock: Do the Risks Outweigh the Reward?
The Motley Fool· 2025-05-08 09:25
Core Viewpoint - Apple is facing challenges despite solid overall results, with a significant decline in stock value and competition from Microsoft for the title of the world's largest company [1] Financial Performance - Apple's revenue rose by 5% to $95.4 billion, and earnings per share (EPS) increased by 8% to $1.65, surpassing analyst expectations [8] - Services revenue grew by 12% to $24.97 billion, although it fell short of the analyst consensus of $25.28 billion [3] - iPhone sales increased by 2% to $46.8 billion, with a notable rise in iPhone upgraders [10] - Product segment sales rose nearly 3%, driven by strong iPad and Mac sales, with iPad sales climbing 15% to $6.4 billion and Mac sales increasing 7% to $7.9 billion [9] Legal and Tariff Risks - Legal challenges, including the Epic Games injunction and potential impacts from Google's antitrust lawsuit, pose risks to Apple's services business [4][5] - The exclusive search deal with Google generates over $20 billion annually for Apple, representing more than 15% of its operating income, making it a critical revenue source [5] - Tariffs are expected to increase costs by $900 million in the June quarter, although the impact may be mitigated by stockpiling and consumer rush to purchase products [6] Market Dynamics - Sales in China decreased by 2%, an improvement from an 11% decline in the previous quarter, indicating some recovery in the market [8] - Apple is shifting manufacturing away from China, with plans to source more chips from the U.S. and invest $500 billion in the U.S. over the next four years [13] Risk vs. Reward - Despite solid results, the risks associated with potential revenue loss from the Google search agreement and increasing tariffs may outweigh the rewards for investors [12][14][15]