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Stockreport

Apple's iPad will be subject to tough EU competition rules [CNN]

Apple Inc. (AAPL)  More Company Research Source: CNN
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
The European Commission's formal designation of iPadOS subjects it to tough rules applied to only a handful of other digital platforms controlled by the likes of Amazon, Google and Microsoft. The stricter regulations require , for example, that the iPad not restrict third-party companies from accessing Apple services. And they prohibit Apple from giving its own services preferential treatment on the iPad compared to those offered by competitors. Violations can lead to hefty fines of up to 10% of a company's global annual revenue. That could mean tens of billions of dollars in potential fines for Apple, which reported $383.3 billion in revenue last year. Apple is already subject to European gatekeeper obligations on iOS and in its app store and browser. But this move, telegraphed last fall when the European Commission launched a study of iPadOS, puts even more of the technology giant's business under the EU's microscope. Apple will have six months to comply with the new iPad-rel [Read more]
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Stockreport

Apple's iPad will be subject to tough EU competition rules [CNN]

Apple Inc.  (AAPL) 
More Company Research Source: CNN
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
The European Commission's formal designation of iPadOS subjects it to tough rules applied to only a handful of other digital platforms controlled by the likes of Amazon, Google and Microsoft. The stricter regulations require , for example, that the iPad not restrict third-party companies from accessing Apple services. And they prohibit Apple from giving its own services preferential treatment on the iPad compared to those offered by competitors. Violations can lead to hefty fines of up to 10% of a company's global annual revenue. That could mean tens of billions of dollars in potential fines for Apple, which reported $383.3 billion in revenue last year. Apple is already subject to European gatekeeper obligations on iOS and in its app store and browser. But this move, telegraphed last fall when the European Commission launched a study of iPadOS, puts even more of the technology giant's business under the EU's microscope. Apple will have six months to comply with the new iPad-rel [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS