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Stockreport

Apple reveals complex system of App Store fees to avoid EU fine of 500 million euro [CNBC]

Apple Inc. (AAPL)  More Company Research Source: CNBC
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
fine of 500 million euro ($585 million) from the EU for violating the Digital Markets Act. The changes Apple announced are not a complete departure from the company's previous policy that drew the European Commission's attention in the first place. A spokesperson for the European Commission said in a statement that it was looking at Apple's new terms to see if they were in compliance with the DMA. Thursday made changes to its App Store European policies, saying it believes the new rules will help the company avoid ($585 million) from the EU for violating the Digital Markets Act. The new policies are a complicated system of fees and programs for app makers, with some developers now paying three separate fees for one download. Apple also is going to introduce a new set of rules for all app developers in Europe, which includes a fee called the “core technology commission” of 5% on all digital purchases made outside the App Store. The changes Apple announced are not a complete d [Read more]
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Stockreport

Apple reveals complex system of App Store fees to avoid EU fine of 500 million euro [CNBC]

Apple Inc.  (AAPL) 
More Company Research Source: CNBC
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
fine of 500 million euro ($585 million) from the EU for violating the Digital Markets Act. The changes Apple announced are not a complete departure from the company's previous policy that drew the European Commission's attention in the first place. A spokesperson for the European Commission said in a statement that it was looking at Apple's new terms to see if they were in compliance with the DMA. Thursday made changes to its App Store European policies, saying it believes the new rules will help the company avoid ($585 million) from the EU for violating the Digital Markets Act. The new policies are a complicated system of fees and programs for app makers, with some developers now paying three separate fees for one download. Apple also is going to introduce a new set of rules for all app developers in Europe, which includes a fee called the “core technology commission” of 5% on all digital purchases made outside the App Store. The changes Apple announced are not a complete d [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