Apple Inc (AAPL)

[DiscoverGold]

$AAPL $3+ Million OTM Calls (Unusual) These are opening orders (Vol> OI) and are slightly longer dated
By: Cheddar Flow | March 22, 2024

• $AAPL $3M+ OTM Calls (Unusual)

These are opening orders (Vol> OI) and are slightly longer dated

These whales are attempting to find a bottom around here on Apple



Read Full Story »»»

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[Investors3]

U.S. DOJ sues Apple for allegedly ‘monopolizing smartphone markets’
Thursday, March 21, 2024 12:23 pm
36 Comments

The U.S. Justice Department (DOJ), joined by 16 other state and district attorneys general, on Thursday filed a civil antitrust lawsuit against Apple for monopolization or attempted monopolization of smartphone markets in violation of Section 2 of the Sherman Act.

U.S. Justice Department:

The complaint, filed in the U.S. District Court for the District of New Jersey, alleges that Apple illegally maintains a monopoly over smartphones by selectively imposing contractual restrictions on, and withholding critical access points from, developers. Apple undermines apps, products, and services that would otherwise make users less reliant on the iPhone, promote interoperability, and lower costs for consumers and developers. Apple exercises its monopoly power to extract more money from consumers, developers, content creators, artists, publishers, small businesses, and merchants, among others. Through this monopolization lawsuit, the Justice Department and state Attorneys General are seeking relief to restore competition to these vital markets on behalf of the American public.

“Consumers should not have to pay higher prices because companies violate the antitrust laws,” said Attorney General Merrick B. Garland. “We allege that Apple has maintained monopoly power in the smartphone market, not simply by staying ahead of the competition on the merits, but by violating federal antitrust law. If left unchallenged, Apple will only continue to strengthen its smartphone monopoly. The Justice Department will vigorously enforce antitrust laws that protect consumers from higher prices and fewer choices. That is the Justice Department’s legal obligation and what the American people expect and deserve.”

“No matter how powerful, no matter how prominent, no matter how popular — no company is above the law,” said Deputy Attorney General Lisa Monaco. “Through today’s action, we reaffirm our unwavering commitment to that principle.”

“When corporations engage in anticompetitive conduct, the American people and our economy suffer,” said Acting Associate Attorney General Benjamin C. Mizer. “Today’s action against Apple sends a strong signal to those seeking to box out competitors and stifle innovation — that the Justice Department is committed to using every tool available to advance economic justice and root out anticompetitive practices, wherever they arise.”

“For years, Apple responded to competitive threats by imposing a series of “Whac-A-Mole” contractual rules and restrictions that have allowed Apple to extract higher prices from consumers, impose higher fees on developers and creators, and to throttle competitive alternatives from rival technologies,” said Assistant Attorney General Jonathan Kanter of the Justice Department’s Antitrust Division. “Today’s lawsuit seeks to hold Apple accountable and ensure it cannot deploy the same, unlawful playbook in other vital markets.”

As alleged in the complaint, Apple has monopoly power in the smartphone and performance smartphones markets, and it uses its control over the iPhone to engage in a broad, sustained, and illegal course of conduct. This anticompetitive behavior is designed to maintain Apple’s monopoly power while extracting as much revenue as possible. The complaint alleges that Apple’s anticompetitive course of conduct has taken several forms, many of which continue to evolve today, including:

• Blocking Innovative Super Apps. Apple has disrupted the growth of apps with broad functionality that would make it easier for consumers to switch between competing smartphone platforms.

• Suppressing Mobile Cloud Streaming Services. Apple has blocked the development of cloud-streaming apps and services that would allow consumers to enjoy high-quality video games and other cloud-based applications without having to pay for expensive smartphone hardware.

• Excluding Cross-Platform Messaging Apps. Apple has made the quality of cross-platform messaging worse, less innovative, and less secure for users so that its customers have to keep buying iPhones.

• Diminishing the Functionality of Non-Apple Smartwatches. Apple has limited the functionality of third-party smartwatches so that users who purchase the Apple Watch face substantial out-of-pocket costs if they do not keep buying iPhones.

• Limiting Third Party Digital Wallets. Apple has prevented third-party apps from offering tap-to-pay functionality, inhibiting the creation of cross-platform third-party digital wallets.

The complaint also alleges that Apple’s conduct extends beyond these examples, affecting web browsers, video communication, news subscriptions, entertainment, automotive services, advertising, location services, and more. Apple has every incentive to extend and expand its course of conduct to acquire and maintain power over next-frontier devices and technologies.

For over a century, the Department has enforced the antitrust laws against illegal monopolies, deploying the Sherman Act to unfetter markets and restore competition. As alleged in the complaint, the Department is seeking equitable relief on behalf of the American public to redress Apple’s long-running, pervasive anticompetitive conduct.

Apple Inc. is a publicly traded company incorporated in California and headquartered in Cupertino, California. In fiscal year 2023, Apple generated annual net revenues of $383 billion and net income of $97 billion. Apple’s net income exceeds any other company in the Fortune 500 and the gross domestic products of more than 100 countries.

Support MacDailyNews at no extra cost to you by using this link to shop at Amazon.

MacDailyNews Take: Apple’s iPhone currently holds U.S. market share of 60.77%. Not a monopoly. iPhone currently holds worldwide market share of 24.70%. Again, not a monopoly. “Attempted monopolization” is not illegal; it’s the goal of every for-profit business.

MacDailyNews Note: In a statement to the media, Apple said the lawsuit is “wrong on the facts and the law,” and the company vowed to “vigorously defend” itself:

At Apple, we innovate every day to make technology people love—designing products that work seamlessly together, protect people’s privacy and security, and create a magical experience for our users. This lawsuit threatens who we are and the principles that set Apple products apart in fiercely competitive markets. If successful, it would hinder our ability to create the kind of technology people expect from Apple — where hardware, software, and services intersect. It would also set a dangerous precedent, empowering government to take a heavy hand in designing people’s technology. We believe this lawsuit is wrong on the facts and the law, and we will vigorously defend against it.


https://macdailynews.com/2024/03/21/u-s-doj-sues-apple-for-allegedly-monopolizing-smartphone-markets/

[Investors3]

Apple Pre-Market Drop Due to Antitrust Threats, Surprising Profit Boosts Micron Shares, and Latest Market Updates
March 21 2024 - 07:17AM
IH Market News

Apple (NASDAQ:AAPL) – Meta Platforms (NASDAQ:META), Microsoft (NASDAQ:MSFT), Match Group (NASDAQ:MTCH), and X joined Epic Games in protesting against Apple, accusing it of violating an injunction by restricting payment options in the App Store, claiming price inflation and competition hurdles. Furthermore, the U.S. Department of Justice is preparing to sue Apple for alleged antitrust law violations, citing blocking rivals’ access to iPhone features. Apple shares are down -1.2% in pre-market trading.

Intel (NASDAQ:INTC) – Intel plans to spend $100 billion across four U.S. states to build and expand factories, driven by federal grants. CEO Pat Gelsinger aims to transform Columbus, Ohio, into an AI chip hub, with investments through 2027.

Synopsys (NASDAQ:SNPS) – Synopsys unveiled new software tools on Wednesday to streamline the design of complex systems, such as cars and data centers. Beyond chip creation, the company aims to assist customers in developing products and systems, exemplified by Tesla’s pioneering use.

Equinix (NASDAQ:EQIX) – Hindenburg Research revealed a short position in Equinix, accusing it of inflating its profitability by manipulating expenses. Allegations suggest a $3 billion increase in AFFO since becoming a REIT in 2015. Equinix is investigating the accusations.

Astera Labs (NASDAQ:ALAB) – Astera Labs’ shares surged in their trading debut, exceeding expectations by raising $713 million in the initial public offering. The gain, the largest since June 2021, reflects optimism around AI and a rebound in listings. ALAB shares are up 6.00% in pre-market trading, priced at $65.75.

Reddit – Reddit priced its initial public offering at the top of its target range, raising $748 million and giving a boost to the challenging tech IPO market. Reddit plans to use 8% of the shares to attract retail investors.

Paramount Global (NASDAQ:PARA), Apollo Global Management (NYSE:APO) – Apollo Global Management offered $11 billion for Paramount Global, boosting acquisition interest in the Paramount Pictures film studio, considered a jewel of the media conglomerate. Other suitors include billionaire David Ellison and media entrepreneur Byron Allen.

Boeing (NYSE:BA) – On Wednesday, CFO Brian West informed analysts that Boeing will keep B737 jet production below 38 per month, now requiring fully compliant fuselages from supplier Spirit AeroSystems (NYSE:SPR) at its Washington factory.

Ryanair (NASDAQ:RYAAY) – Ryanair CEO Michael O’Leary will meet with Boeing executives in Dublin to discuss delays in 737 MAX 10 deliveries and certification. He emphasizes the need for improvements in Boeing’s production systems and quality control.

Tesla (NASDAQ:TSLA) – On Wednesday, Tesla announced that most employees at its German factory rejected the IG Metall union, opting for non-unionized representation on the new workers’ council. The union still hopes to occupy most seats.

Li Auto (NASDAQ:LI) – Li Auto shares, a Chinese electric vehicle company listed in the U.S., are down 7.2% in pre-market trading after revising its delivery estimates for the first quarter, projecting between 76,000 and 78,000 vehicles, down from the previous forecast of 100,000 to 103,000, citing orders below expectations.

Exxon Mobil (NYSE:XOM), TotalEnergies (NYSE:TTE) – Suriname’s state-owned oil company, Staatsolie, began negotiations with Exxon Mobil and TotalEnergies to develop natural gas fields spanning the maritime borders of Guyana and Suriname. The goal is to transform the South American nation into a regional gas hub.

Shell (NYSE:SHEL) – On Wednesday, Shell announced the sale of its 50% stake in SouthCoast Wind Energy to joint venture partner Ocean Winds North America for an undisclosed amount. The project aims to develop offshore wind farms in Massachusetts.

Barclays Plc (NYSE:BCS) – Barclays plans to cut hundreds of jobs in its investment bank to boost profits. The restructuring includes layoffs in global markets and research. CEO Venkatakrishnan seeks to make the unit more profitable with a focus on advisory and equity underwriting.

Citigroup (NYSE:C) – Citigroup is cutting jobs in its London investment banking division, aligning with the trend of employee cuts on Wall Street due to the downturn in global trading. The cuts affect around 20 employees, mainly junior staff.

JPMorgan Chase (NYSE:JPM) – JPMorgan Chase plans to appoint Alan Ho as CEO and Rita Chan as Senior Director to lead its operations in China. These changes come amid adjustments in regional leadership, including the departure of Asia-Pacific CEO Filippo Gori.

Walmart (NYSE:WMT) – According to a Bloomberg report, Walmart, known for its low prices, is transforming its stores with attractive lighting, luxury brands, and stylish product layouts. The investments aim to attract more affluent customers without alienating its traditional value base.

Nike (NYSE:NKE) – Nike is set to report its first quarterly revenue decline in nearly two years due to a slower-than-expected boost from its direct-to-consumer strategy and falling demand in North America, while rivals like Adidas also face similar challenges.

Chipotle Mexican Grill (NYSE:CMG) – Chipotle’s shares surpassed $3,000 for the first time on Wednesday, after the board approved a 50-for-1 stock split aimed at attracting investors with its high price. The fast-casual chain has seen record growth due to steady demand for its offerings.

Alibaba (NYSE:BABA) – Former Alibaba Group CEO Daniel Zhang will join Firstred Capital as managing partner, focusing on mergers and acquisitions. After 16 years at Alibaba, Zhang seeks a new direction in investments, including technology.

Earnings
Micron Technology (NASDAQ:MU) – Micron saw a 15.9% increase in pre-market trading after beating revenue forecasts and providing a solid outlook for the future. In the fiscal second quarter, Micron reported revenues of $5.82 billion and anticipates $6.6 billion for the next period, both figures exceeding analysts’ expectations. The adjusted earnings per share were 42 cents, while analysts had predicted a 25-cent per share loss.

BioNTech (NASDAQ:BNTX) – BioNTech reported a significant decline in revenues and profits in 2023, with revenues of 3.819 billion euros and net profit of 930.3 million euros, respectively. For 2024, it projects revenues between 2.5 billion and 3.1 billion euros, aiming to launch its first cancer drug in 2026. Sales of the COVID-19 vaccine with Pfizer (NYSE:PFE) fell 54% in the fourth quarter of 2023.

Five Below (NASDAQ:FIVE) – The discount retailer faced a 12.4% drop in pre-market trading due to underwhelming financial results and bleak outlooks for the fourth quarter. Five Below reported earnings of $3.65 per share and revenue of $1.34 billion. Analyst estimates surveyed by LSEG were for earnings of $3.78 per share and revenue of $1.35 billion. Additionally, the company issued conservative guidance for both the current quarter and the full year, contributing to the pressure on its shares.

Signet Jewelers (NYSE:SIG) – Signet Jewelers reported an adjusted profit of $6.73, beating estimates, on sales of $2.5 billion, which fell short of expectations. Furthermore, the board declared a quarterly dividend of 29 cents, a 26% increase. The forecasts for sales and profits were below analysts’ expectations.

Guess (NYSE:GES) – Guess’ shares rose 11.6% in pre-market trading following strong fourth-quarter results. Guess reported adjusted earnings of $2.01 per share and revenue of $891 million. Analyst estimates surveyed by LSEG were for earnings of $1.56 per share and revenue of $856 million.

Chewy (NYSE:CHWY) – Chewy reported earnings of 7 cents per share and revenue of $2.83 billion, exceeding expectations for a 5-cent per share loss and $2.77 billion in revenue. However, the company issued conservative revenue guidance for the current quarter, and its shares are down 1% in pre-market trading.

General Mills (NYSE:GIS) – General Mills achieved adjusted earnings of $1.17 per share and revenue of $5.1 billion in the fiscal third quarter, surpassing Wall Street expectations. CEO Harmening highlighted investments in brand building and innovation, while analysts reaffirmed a conservative outlook.

KB Home (NYSE:KBH) – KB Home shares rose 2.4% in pre-market trading after reporting earnings of $1.76 per share and revenue of $1.47 billion, exceeding analyst estimates surveyed by LSEG, which had forecast earnings of $1.57 per share and $1.46 billion in revenue.

https://ih.advfn.com/stock-market/NASDAQ/apple-AAPL/stock-news/93527725/apple-pre-market-drop-due-to-antitrust-threats-su

[DiscoverGold]

Apple Stock in Spotlight Amid Antitrust Lawsuit
By: Schaeffer's Investment Research | March 22, 2024

• The U.S. government is suing Apple

• Options traders are less bullish than they have been recently

Apple Inc (NASDAQ:AAPL) is in focus, as the U.S. government sues the tech giant over alleged iPhone "monopoly power." A Reuters report pointed out the similarities between the lawsuit and the winning 1998 case against near-monopoly at the time, Microsoft (MSFT), but noted that as the industry changes, the lawsuit against Apple could be more difficult.

European regulators are also cracking down on Big Tech, Apple included, over potential violations of the European Union's Digital Markets Act (DMA). Separately, Apple is allegedly in talks with China-based Baidu (BIDU) about using its artificial intelligence (AI) software for its devices.

Apple stock is up 0.4% to trade at $172.05 at last glance. The equity is down nearly 11% since the start of the year, but recently found support at the $170 level.

Though calls are winning out on an absolute basis in the options pits, it's worth noting put volume is running at double what is typically seen at this point. So far today, 351,000 calls and 316,000 puts have been exchanged, with new positions being opened at the 3/22 170-strike put -- the most popular contract by far.

This represents a slight shift in the options pits, as calls have been much more popular than usual over the past two weeks. At the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), AAPL's 10-day call/put volume ratio of 2.17 ranks higher than 90% of readings from the past year.

Read Full Story »»»

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[Agoura Guy]

BOO HOO HOO .... TIM COOK HAS ALWAYS BEEN A LITTLE WEASEL WHO CAN'T THINK STRAIGHT!!!!!!

APPLE DESERVES WHAT THEY ARE GETTING FOR THEIR CORRUPT BUSINESS PRACTICES!!!!!!!

[Stock Guy777]

DOJ taking a big bite outta Apple!

[Agoura Guy]

YOU MEAN LIKE THE OPTI-GRAB EFFECT????

[Canna_Business]

The "apple-vision" is giving me a headache from the screen being too close. I am medically concerned.

[fung_derf]

It's incredible....no one has ever lost money on IHUB....they always sell just in time....
Great call on the S&P puts.

Agoura Guy

Re: None

Thursday, March 21, 2024 4:22:05 PM

Post#
381928
of 381930
WHERE DID ALL THE ***PUTS*** HATERS GO TODAY??????

Bearish
BEARISH

[nicehit]

F'en Govt'! They never built anything they just take!

[Agoura Guy]

STOMPED!!!!!!!!

[fung_derf]

The correct answer is, it's tough to tell right now. Bumping up against the $178 resistance, it currently trades at $175. I have sold off half and in wait and see mode. Anyone predicting right now is just guessing.
A move back above $179 would be bullish. Below $168 bearish.

[fung_derf]

What about the gains for 1 year??

[DiscoverGold]

Apple $AAPL with a bullish island reversal pattern in the works + MACD crossing to the upside
By: TrendSpider | March 18, 2024

• Apple with a bullish island reversal pattern in the works + MACD crossing to the upside.



Read Full Story »»»

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[DiscoverGold]

Today Apple Inc. (AAPL) is the best performer in the DJIA
By: Thom Hartle | March 18, 2024

• Today (8:32 CST), the best performer in the DJIA is Apple Inc. AAPL.



Read Full Story »»»

DiscoverGold

[DiscoverGold]

$AAPL - The March 7 low was a potential daily cycle low on day 42. Since there was no positive divergence on the RSI, the low may not be in yet and a lower low is still possible next week. In order to confirm the daily cycle low it would have to close above the 20 day MA.
By: CyclesFan | March 17, 2024

• $AAPL - The March 7 low was a potential daily cycle low on day 42. Since there was no positive divergence on the RSI, the low may not be in yet and a lower low is still possible next week. In order to confirm the daily cycle low it would have to close above the 20 day MA.



Read Full Story »»»

DiscoverGold

[DiscoverGold]

Apple $AAPL inside doji candle on the weekly chart, decent setup for a reversal if bulls can hold the line.
By: TrendSpider | March 17, 2024

• $AAPL inside doji candle on the weekly chart, decent setup for a reversal if bulls can hold the line.



Read Full Story »»»

DiscoverGold

[golfer101mi]

We need to get production of all Apple products out of china and just take the hit. Not a nice country.

[DiscoverGold]

Apple $AAPL just formed its first Death Cross since June 2022
By: Barchart | March 14, 2024

• Apple $AAPL just formed its first Death Cross since June 2022.



Read Full Story »»»

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[Investors3]

Apple set to expand Apple Vision Pro availability to many more countries soon
Thursday, March 14, 2024 12:25 pm
No Comments

Based on code discovered by MacRumors, Apple will soon add 12 new languages to the virtual keyboard on the Vision Pro, which is currently only sold in the U.S. (launched on February 2, 2024). The company is expected to expand Apple Vision Pro availability to many more countries soon.

Aaron Perris for MacRumors:

The code indicates the following languages will be added:

• Cantonese, Traditional
• Chinese, Simplified
• English (Australia)
• English (Canada)
• English (Japan)
• English (Singapore)
• English (UK)
• French (Canada)
• French (France)
• German (Germany)
• Japanese
• Korean

It’s likely that these language additions hint at the countries where Apple will launch the Vision Pro next, including Australia, Canada, China, France, Germany, Japan, Singapore, South Korea, and the UK. Hong Kong and Taiwan are also potential candidates.
?
MacDailyNews Take: Finally!

https://macdailynews.com/2024/03/14/apple-set-to-expand-apple-vision-pro-availability-to-many-more-countries-soon/

[Mt. Blanc]

AAPL 169s worked for an entry.

mb

[DiscoverGold]

Today Apple Inc. (AAPL) is the best performer in the DJIA
By: Thom Hartle | March 11, 2024

• Today (8:32 CST), the best performer in the DJIA is Apple Inc. AAPL.



Read Full Story »»»

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[DiscoverGold]

Apple's $AAPL stock performance each full year since going public
By: Evan | March 9, 2024

• Apple's $AAPL stock performance each full year since going public

1981: -35.1%
1982: +34.9%
1983: -18.4%
1984: +19.5%
1985: -24.5%
1986: +84.1%
1987: +108%
1988: -3.4%
1989: -11.6%
1990: +23.5%
1991: +32.4%
1992: +6.9%
1993: -50.5%
1994: +35.2%
1995: -17.3%
1996: -34.5%
1997: -37.1%
1998: +211.7%
1999: +151.1%
2000: -71.1%
2001: +47.2%
2002: -34.6%
2003: +49.1%
2004: +201.3%
2005: +123.3%
2006: +18%
2007: +133.5%
2008: -56.9%
2009: +146.9%
2010: +53.1%
2011: +25.6%
2012: +32.6%
2013: +8.1%
2014: +40.6%
2015: -3%
2016: +12.5%
2017: +48.5%
2018: -5.4%
2019: +89%
2020: +82.3%
2021: +34.7%
2022: -26.4%
2023: +49%
2024*: -11.2% (So far)

Read Full Story »»»

DiscoverGold

[jimmirehman]

This is nothing but a buying opportunity. Gonna dump my mutual funds for this banger

[Canna_Business]

https://tradingeconomics.com/united-states/non-farm-payrolls

[infamous]

IMO,this closes no less than 176 by EO next week.

[infamous]

just a matter of a couple days IMO that we start climbing above 180 again! AAPL

[mm41]

European Union is also taking massive action against US tech companies.

[mm41]

China bans iPhone for state employees. Sales plummet dramatically. It remains to be seen whether the stock will be able to maintain its current stock market overvaluation after such reports

[Scot892]

Agoura, for once I agree with you. Been holding this rotten apple but it's all house shares I'm holding so even if it's rotten, it's still green. Hope this turns around and I can grow more green apples once the rotten seed is in the ground from here on up. Been waiting to see it hit 200 so we can see another split but definitely rotten for the last couple years

[DiscoverGold]

Apple $AAPL is most oversold since 2018
By: Cheddar Flow | March 6, 2024

• $AAPL is most oversold since 2018.



Read Full Story »»»

DiscoverGold

[Agoura Guy]

AAPL BACK TO DECEMBER 1, 2021 PRICES...... DEAD MONEY FOR OVER 2 YEARS!!!!!!!!

***BAGHOLDERS***!!!!!!!!!!!!!

[fung_derf]

I truly doubt there are many "bagholders" in AAPL. There are those who are up a bunch and those who aren't quite up a bunch.
And you reporting that AAPL has had issues of late is not some genius discovery. It's kind'a been reported everywhere.
Surely, you can find a number of penny stock mullets to go bag on?
Are you thinking you can single handedly, manipulate the share price of Apple?

[Agoura Guy]

AAPL BAGHOLDERS LOSING THEIR MINDS LASHING OUT AT EVERYONE ELSE INSTEAD OF ACCEPTING RESPONSIBILITY FOR THEIR OWN GREED!!!!!!

[Agoura Guy]

ROTTEN AAPL $168.80 -1.32 (-0.78%)!!!!!!!!!

SUCKERS!!!!!!!!!

[fung_derf]

Uhhhh, you've been saying this since June of 2020. The market has only gone up about 50% since then though. Why wouldn't we believe you now?

Agoura Guy

Re: None

Thursday, June 11, 2020 3:39:34 PM

Post#
316213
of 381376
THE MARKET IS DONE, POWELL HAS ZERO CREDIBILITY!!!

[Agoura Guy]

THE MARKET IS WAY OVER VALUED AND LONG OVERDUE FOR A SEVERE CORRECTION!!!!!!!!! I TRADE INTRA-DAY VOLATILITY MOSTLY ON THE SHORT SIDE. OCCASIONALLY I TRADE 0DTE CALLS.

[fung_derf]

No one ever loses money on IHUB...didn'tcha know?
You post in large caps and colors so you've convinced me.
Your posts look perfectly sane.

[Agoura Guy]

I HAVE BEEN TRADING 0DTE SPY PUTS SINCE JUNE, INDEX LEVLE S DON'T MATTER, ONLY INTRA-DAY VOLATILITY!!!!!!

[fung_derf]

Well, considering it has broken below support, your post isn't exactly media worthy. However, you've been pushing shorting for quite some time. Shorting EVERYTHING!
You've been touting shorting the S&P for quite a while......eventually, you gotta be right I guess.

[Agoura Guy]

ITS A GREAT SHORT.... WAY OVER VALUED!!!!!!!!!

STUPID GREEDY IDIOTS BUYING AT THE TOP WILL BE WIPED OUT..... YOU WILL SEE!!!!!!!

[fung_derf]

and here....Apparently ALL your posts around IHUB have the same message. Must have been brutal for you lately.

Agoura Guy

Re: None

Saturday, April 23, 2022 11:50:59 PM

Post#
560
of 829
FRIDAY AH'S CRM $170.9 -6.24 (-3.5%) ... DOG CRAP!!!!!

[fung_derf]

Didn't you also say this recently?

Agoura Guy

Re: None

Friday, February 16, 2024 9:37:43 PM

Post#
134
of 177
SCMI $803.32 -200.68 (-19.99%) ... SUCKERS!!!!!!

WITH A P/E OF ALMOST 70 WHO ARE THE STUPID IDIOTS WHO PUMPED THIS OVERVALUED SHABBY SERVER MAKER UP TO $1,000?????

WHAT A JOKE!!!!!!!!!

[TRUSTUNITS1000000]

Trillions market capitalization

[TRUSTUNITS1000000]

Apple fine terrible, billions

[harry crumb]

Might add more, its a bargain now

[linkvest]

APPL is on the run

[linkvest]

This new Vision Pro is like something out of the future. It will change the world as we know it.

[Investors3]

European Union Imposes First Antitrust Fine on Apple Over Music Streaming Practices
March 04 2024 - 08:10AM
IH Market News

The European Union has imposed its inaugural antitrust fine against American technology behemoth Apple (NASDAQ:AAPL), amounting to nearly $2 billion.

The fine was levied for violating the bloc’s competition laws by preferentially promoting its own music streaming service at the expense of competitors. According to the European Commission, the executive arm and principal antitrust authority of the 27-nation bloc, Apple prohibited app developers from adequately informing iOS users about alternative and more affordable music subscription services available outside of the app.

Margrethe Vestager, the EU’s competition commissioner, highlighted the illegality of Apple’s actions in a press conference, emphasizing the adverse impact on millions of European consumers. The commission accused Apple of engaging in such practices for almost a decade, leading to consumers paying inflated prices for music streaming subscriptions.

This 1.8 billion-euro penalty follows an extensive investigation initiated by a complaint from Spotify, the Swedish streaming service, five years prior. The European Union has been at the forefront of global efforts to regulate Big Tech companies, having previously imposed multibillion-dollar fines on Google and charged Meta with distorting the online classified ad market. Additionally, the commission has launched a separate antitrust probe into Apple’s mobile payment service.

In response, Apple has criticized the commission and Spotify, announcing its intention to appeal the fine. The company disputed the commission’s findings, arguing that the decision was made without substantial evidence of consumer harm and failed to acknowledge the competitive and rapidly expanding market landscape. Apple also pointed out Spotify’s significant market share in Europe’s music streaming sector and its extensive interactions with the commission, suggesting that the decision unfairly benefits Spotify while entrenching its dominant market position.

The commission’s initial investigation focused on Apple’s requirement for app developers selling digital content to use its proprietary payment system, which incurs a 30% commission on all subscriptions. However, the focus later shifted to Apple’s restrictions on app developers from informing users about cheaper subscription payment methods outside of the apps.

The investigation revealed that Apple prevented streaming services from disclosing subscription costs outside their apps, including links to alternative subscriptions or emailing users about different pricing options.

This fine coincides with the impending implementation of new EU regulations under the Digital Markets Act (DMA), set to take effect this week, aimed at curbing the dominance of tech companies in digital markets. The DMA introduces specific regulations for “gatekeeper” companies, including Apple, Meta, Google’s parent Alphabet, and TikTok’s parent ByteDance, with the threat of significant fines for non-compliance.

Apple has already outlined its compliance measures with the DMA, including allowing iPhone users in Europe access to third-party app stores and enabling developers to offer alternative payment systems. Additionally, in response to a separate antitrust investigation into its mobile payment service, Apple has committed to opening its tap-and-go mobile payment system to competitors.

https://ih.advfn.com/stock-market/NASDAQ/apple-AAPL/stock-news/93411974/european-union-imposes-first-antitrust-fine-on-app

[Investors3]

Apple unveils the new 13- and 15-inch MacBook Air with the powerful M3 chip
March 04 2024 - 08:00AM
Business Wire

The world’s most popular laptop is better than ever with even more performance, faster Wi-Fi, and support for up to two external displays — all in its strikingly thin and light design with up to 18 hours of battery life

Apple® today announced the new MacBook Air® with the powerful M3 chip, taking its incredible combination of power-efficient performance and portability to a new level. With M3, MacBook Air is up to 60 percent faster than the model with the M1 chip and up to 13x faster than the fastest Intel-based MacBook Air.1 And with a faster and more efficient Neural Engine in M3, MacBook Air continues to be the world’s best consumer laptop for AI. The 13- and 15-inch MacBook Air both feature a strikingly thin and light design, up to 18 hours of battery life,1 a stunning Liquid Retina® display, and new capabilities, including support for up to two external displays and up to 2x faster Wi-Fi than the previous generation. With its durable aluminum unibody enclosure that’s built to last, the new MacBook Air is available in four gorgeous colors: midnight, which features a breakthrough anodization seal to reduce fingerprints; starlight; space gray; and silver. Combined with its world-class camera, mics, and speakers; MagSafe® charging; its silent, fanless design; and macOS®, MacBook Air delivers an unrivaled experience — making the 13-inch model the world’s bestselling laptop and the 15-inch model the world’s bestselling 15-inch laptop. Customers can order starting today, with availability beginning Friday, March 8...

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