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Apple's app store gets makeover in move to dodge future EU fines [Los Angeles Times (CA)]

Apple Inc. (AAPL)  More Company Research Source: Los Angeles Times
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
The iPhone maker's proposal is designed to make it cheaper and less onerous for third-party developers to direct customers away from the Apple ecosystem to make payments elsewhere. The pledge, following weeks of fraught discussions with EU regulators, is an attempt to dodge future penalties for failing to fix alleged violations of the bloc's Digital Markets Act, which led to the fine in April. Despite the offer, Apple has said it plans to appeal the penalty through the bloc's courts in Luxembourg. The company has a deadline of July 7 to appeal. “The European Commission is requiring Apple to make a series of additional changes to the App Store,” the company said in a statement. “We disagree with this outcome and plan to appeal.” Under the changes, developers in the EU will have more ways to promote alternative payment options, including other websites, apps and app stores. They are also no longer required to follow Apple's specific instructions on the language used in the promot [Read more]
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Stockreport

Apple's app store gets makeover in move to dodge future EU fines [Los Angeles Times (CA)]

Apple Inc.  (AAPL) 
More Company Research Source: Los Angeles Times
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
The iPhone maker's proposal is designed to make it cheaper and less onerous for third-party developers to direct customers away from the Apple ecosystem to make payments elsewhere. The pledge, following weeks of fraught discussions with EU regulators, is an attempt to dodge future penalties for failing to fix alleged violations of the bloc's Digital Markets Act, which led to the fine in April. Despite the offer, Apple has said it plans to appeal the penalty through the bloc's courts in Luxembourg. The company has a deadline of July 7 to appeal. “The European Commission is requiring Apple to make a series of additional changes to the App Store,” the company said in a statement. “We disagree with this outcome and plan to appeal.” Under the changes, developers in the EU will have more ways to promote alternative payment options, including other websites, apps and app stores. They are also no longer required to follow Apple's specific instructions on the language used in the promot [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
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Price Change
Price Change %
Volume Shares
Max Up
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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
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%
 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