teejay2012
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European Union smacks Apple with $2 billion fine over music streaming
The EU does not generate enough profit for Apple to be happy about a $2B fine. That is going to hurt. Why for all this, when Apple was responding to DMA and making accommodations for their anti steering practices?... Because Margrethe Vestager is still very angry from losing the Irish tax case, which was over ruled on appeal as it did not provide proof of wrong doing. I think on appeal the same could happen here, as the EU commission is not the same as EU courts which adhere to the law and not vendetta driven. Apple could have allowed more information to music customers of course, but Spotify and Daniel Ek are nasty pieces in this. US tech companies have every right to become paranoid about future business in the EU, as clearly they are being targeted, to the advantage of EU companies. The corruption is obvious imo, but I suppose that is what businesses are all about. In the future, I doubt Apple will leave the EU, but certainly the products and services in the EU will differ, and likely will be more expensive.
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Apple cites bevy of scared users to back up its case against the EU DMA
There is a certain amount of schadenfreude anticipation going on here. While Apple certainly would not wish harm to come to anyone's phone, Apple users who were most vocal against side loading would likely take some pleasure in seeing side loaded EU phones melt.. not that they would LOL. Myself, I am happy not to have regulators here trying to give me more store choices as I am fine using the App Store. Full disclosure, I have 2 newer Android phones collecting dust here (given to me), but can't be bothered selling them. I prefer iPhone and iOS, even though the Android phones offer more user choices, and might have technical superiority in some areas. My prediction is that this will end up like Y2K where little happened as there was enough attention, that safety planning actually happened. Apple will do what it can to protect iPhone users, even the side loaders, as why wouldn't they? They are still important Apple customers after all. But if their phones cause them serious security issues ... and they whine about it ... well, I might crack a small schadenfreude smile.
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Joe Rogan show returns to Apple Podcasts
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First teardown shows complex insides of Apple Vision Pro
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Apple's $119B Q1 2024 revenue a bounce back from 2023 dip
Massiveattack87 said:Stabitha_Christie said:Massiveattack87 said:I told you that the stock will tank after their earnings out.
AAPL will underperform in this year.
This is the moment where AAPL shareholders get jelly at META (+12%!!!) and AMZN (+6%!!!!).
so what you are saying is that you wrong when you said it would “tank”?
It does not matter.
AAPL will underperform in this year.
Tim Cook indicated weak iPhone sales for this year during the earning webcast.
For fiscal Q4 2024, Meta earned $5.33 per share, an increase of 202.8% from $1.76 per share a year ago.
Revenue grew 24.65% to $40.1 billion from $32.17 billion a year ago.
Compare that to Apple's 2.05% revenue growth and EPS growth of 15.96% ($2.18 vs $1.88 a year ago).
I don´t know where those similar performances should come from at AAPL.
I do not see any significant improvement from AAPL for this year.
Among "Magnifcant Seven", TSLA and AAPL seem to be the biggest losers in this year.Ah... the iPhone. It seems India may take up where China left off - China is dealing with recession of course.For the record, AAPL has dropped after every earnings for over a decade, as Wall Street always comes back to iPhone sales which are 'guess-timated'. Apple does not break iPhone numbers out. Health of a company can never come from one source. With all pistons going, Apple has increased profit yoy, and reversed the last few quarters which were negative. I think if they can launch AI this year, that is on the iPhone itself and not cloud for issues of privacy, Apple will not be able to make them fast enough.