I am sure that; BREAKING: France hits #Apple with record €1.1 BILLION fine for monopoly practices did not exactly help the share.
France’s national competition regulator announced on Monday it has fined American tech giant Apple a record €1.1 billion ($1.23bn) for anti-competitive practices after nearly a decade of investigations.
The decision comes over Apple’s alleged anti-competitive behavior in its distribution and sales networks.
The authority said that two of Apple’s wholesalers, Tech Data and Ingram Micro, were fined €63 million and €76 million respectively for unlawfully agreeing on prices.
According to the French regulator, “Apple and its two wholesalers have agreed not to compete with each other and to prevent distributors from competing with each other, thereby sterilising the wholesale market for Apple products.”
Last month, the country’s Directorate-General for Competition, Consumption and the Suppression of Fraud fined Apple €25 million for the firm’s practice of slowing down iPhones after operating system updates. This followed Apple’s release of an iOS update several years ago that introduced a new feature for older devices.
From RT.com
Only in France could a company which is successful be punished for giving customers what they want.
Why are you spending time talking about this here? If your guesstimates is so exact and such a sure thing, then spend more time raising huge positions to short the stock so you can make serious money.
No, though some might question the morality of gambling, I suppose. By legitimized, I meant they are trying to pretend they aren't gambling by using investment terminology. If I had enough spare money, I might 'play' the Markets too... as I could have easily made a TON of $$$ over the years on AAPL. AAPL reacts so predictably to the media, it is almost like shooting fish in a barrel.
Well, why didn't you? I came to this country as a poor immigrant, and now I'm a multi-millionaire. What prevented you from doing the same, since you had all the benefits of growing up in this country? What prevented you from buying a couple shares every month even if you didn't have a lot of money to spare?
Why are you spending time talking about this here? If your guesstimates is so exact and such a sure thing, then spend more time raising huge positions to short the stock so you can make serious money.
sirozha said: Well, why didn't you? I came to this country as a poor immigrant, and now I'm a multi-millionaire. What prevented you from doing the same, since you had all the benefits of growing up in this country? What prevented you from buying a couple shares every month even if you didn't have a lot of money to spare?
Fair point, and a bit of a long story. Part of it was buying a couple things I wanted more (which one could chalk up to lack of self control). Part of it was getting screwed a number of times in entrepreneurial endeavors and health issues (in a broken health care system). Then, mostly, that paying bills and debt off takes priority over making investments of that type. Maybe that latter aspect has been a mistake, and I should have carved out more of a balance of doing both.
Having hindsight I have now, for sure, I should have found *any* way to just keep buying a share now and then back when it was $13ish a share! But, back in those times, I don't think any of us could have imagined Apple being THAT successful. We were pretty sure it would go up, but not so much that we'd have gotten risky about it. Several of my clients and friends did buy and made a lot (though some sold too much before it really took off).
But, keep in mind... for every success story like yours, there are dozens where things didn't go well. Maybe my next attempt will go better.
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He's spamming that trash in every thread.
Having hindsight I have now, for sure, I should have found *any* way to just keep buying a share now and then back when it was $13ish a share! But, back in those times, I don't think any of us could have imagined Apple being THAT successful. We were pretty sure it would go up, but not so much that we'd have gotten risky about it. Several of my clients and friends did buy and made a lot (though some sold too much before it really took off).
But, keep in mind... for every success story like yours, there are dozens where things didn't go well. Maybe my next attempt will go better.