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Stockreport

Apple upset with new European charger rule [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
Europe will require USB-C chargers. Apple isn't happy The move is a setback for Apple ( AAPL ) , which uses its own "Lightning" port on the iPhone . While the new rules are years away from coming into force, Apple could be compelled to make changes to its signature product. "European consumers were frustrated long enough about incompatible chargers piling up in their drawers. We gave industry plenty of time to come up with their own solutions, now [the] time is ripe for legislative action for a common charger," EU tech chief Margrethe Vestager said in a statement . "This is an important win for our consumers and environment and in line with our green and digital ambitions," she added. EU citizens own three mobile phone chargers on average, according to the European Commission, the bloc's executive arm. But 38% of consumers have not been able to charge their phone on at least one occasion because they didn't have the correct charger to hand. Roughly €2.4 billion ($2.8 billion) is sp [Read more]
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Stockreport

Apple upset with new European charger rule [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
Europe will require USB-C chargers. Apple isn't happy The move is a setback for Apple ( AAPL ) , which uses its own "Lightning" port on the iPhone . While the new rules are years away from coming into force, Apple could be compelled to make changes to its signature product. "European consumers were frustrated long enough about incompatible chargers piling up in their drawers. We gave industry plenty of time to come up with their own solutions, now [the] time is ripe for legislative action for a common charger," EU tech chief Margrethe Vestager said in a statement . "This is an important win for our consumers and environment and in line with our green and digital ambitions," she added. EU citizens own three mobile phone chargers on average, according to the European Commission, the bloc's executive arm. But 38% of consumers have not been able to charge their phone on at least one occasion because they didn't have the correct charger to hand. Roughly €2.4 billion ($2.8 billion) is sp [Read more]
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