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Stockreport

U.S. senators criticize Apple for not testifying on antitrust concerns [Reuters]

Apple Inc. (AAPL)  More Company Research Source: Reuters
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
By Paresh Dave 2 Min Read April 9 (Reuters) - Apple Inc is refusing to testify at an upcoming U.S. Senate subcommittee hearing on competition issues related to mobile app stores, the bipartisan leaders of the panel said on Friday. App makers long have accused Apple’s App Store for iPhones and iPads, along with Google’s Play store for Android devices, of engaging in anticompetitive behavior by requiring certain revenue sharing payments and setting strict inclusion rules. A subcommittee hearing was being planned for late April but no date has been set yet. Senators Amy Klobuchar, a Democrat, and Mike Lee, a Republican, said they wrote to Apple Chief Executive Tim Cook on Friday urging the company to reconsider. “A little more than two weeks before the planned hearing, Apple abruptly declared that it would not provide any witness,” the letter said. “Apple’s sudden change in course to refuse to provide a witness to testify...is unacceptable.” Apple did not immediately respond to a reques [Read more]
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Stockreport

U.S. senators criticize Apple for not testifying on antitrust concerns [Reuters]

Apple Inc.  (AAPL) 
More Company Research Source: Reuters
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
By Paresh Dave 2 Min Read April 9 (Reuters) - Apple Inc is refusing to testify at an upcoming U.S. Senate subcommittee hearing on competition issues related to mobile app stores, the bipartisan leaders of the panel said on Friday. App makers long have accused Apple’s App Store for iPhones and iPads, along with Google’s Play store for Android devices, of engaging in anticompetitive behavior by requiring certain revenue sharing payments and setting strict inclusion rules. A subcommittee hearing was being planned for late April but no date has been set yet. Senators Amy Klobuchar, a Democrat, and Mike Lee, a Republican, said they wrote to Apple Chief Executive Tim Cook on Friday urging the company to reconsider. “A little more than two weeks before the planned hearing, Apple abruptly declared that it would not provide any witness,” the letter said. “Apple’s sudden change in course to refuse to provide a witness to testify...is unacceptable.” Apple did not immediately respond to a reques [Read more]
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AAPL
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LAST PRICE AT
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Multi-day stock performance from the time of the news release
LAST PRICE
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PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS