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A judge found that an Apple executive 'outright lied under oath' in Epic Games case
Business Insider· 2025-05-01 04:02
Core Points - District Judge Yvonne Gonzalez Rogers criticized Apple for violating a 2021 injunction related to the Epic Games antitrust case, stating that Apple executives, including VP of Finance Alex Roman, provided false testimony under oath [1][2] - The court has referred the matter to the United States Attorney for the Northern District of California to investigate potential criminal contempt proceedings against Apple [2] - The original case against Apple was initiated by Epic Games in 2020, accusing the company of anticompetitive practices concerning its App Store and in-app payment systems [2][3] - In a 2021 ruling, the court found that Apple's restrictions on in-app purchasing methods were anticompetitive in one of ten counts, leading to an injunction that required Apple to allow developers to inform users about external purchasing options [3] - Judge Rogers stated that Apple has not complied with the injunction and has continued its anticompetitive conduct to maintain its revenue stream, indicating a deliberate effort to mislead the court [3] - An Apple spokesperson expressed strong disagreement with the court's decision and stated that the company would comply with the order while planning to appeal [4]
Apple referred to federal prosecutors after judge rules it violated court order
The Guardian· 2025-05-01 01:59
Apple violated a United States court order that required the iPhone maker to allow greater competition for app downloads and payment methods in its lucrative App Store and will be referred to federal prosecutors, a federal judge in California ruled on Wednesday. Gonzalez Rogers in 2021 found Apple violated a California competition law and ordered the company to allow developers more freedom to direct app users to other payment options. Apple failed last year to persuade the US supreme court to strike down t ...
Epic Games just scored a win against Apple
TechCrunch· 2025-05-01 01:29
In Brief Epic Games notched a win in an ongoing legal dispute with Apple. The result could be Fortnite returning to the U.S. iOS app store as early as next week. Judge Yvonne Gonzalez Rogers said in a ruling Wednesday that Apple was in "willful violation" of a 2021 injunction that prohibited the company from anticompetitive pricing. Exhibit at TechCrunch Sessions: AI Apple won many of the arguments in the Epic Games trial. One notable exception was a ruling that prohibited Apple from collecting fees on purc ...
美国法官裁定苹果公司违反了改革应用商店的命令
快讯· 2025-04-30 23:33
美国法官裁定苹果公司违反了改革应用商店的命令 加州一名联邦法官周三裁定,苹果(AAPL.O)公司违反了美国法院的一项命令,该命令要求苹果公司在 其利润丰厚的应用程序商店中允许在应用程序下载和支付方式方面进行更大的竞争。法官还将此案移交 给联邦检察官。法官罗杰斯判决书中称,苹果公司没有遵守她之前的禁令,该禁令是在《堡垒之夜》开 发商Epic Games提起的反垄断诉讼中强制执行的。罗杰斯说:"苹果公司继续干预竞争的企图是不能容 忍的。""这是禁令,不是谈判。一旦一方故意无视法院命令,就没有重头来过的机会。" ...
Court finds Apple, executive lied under oath in Epic Games trial
CNBC· 2025-04-30 22:56
A person walks out of an Apple store in Beijing, China, on April 9, 2025.Apple willfully violated and ignored a 2021 decision that came out of the Epic Games case, judge Yvonne Gonzalez Rogers said in a decision on Wednesday.She wrote that Apple's Vice President of Finance Alex Roman "outright lied" to the court about when Apple had decided to levy a 27% fee on some purchases linked to its App Store."Neither Apple, nor its counsel, corrected the, now obvious, lies," Rogers wrote, saying that she considers A ...
美国法官将苹果公司在Epic Games诉讼中刑事藐视法庭的调查提交给联邦检察官。
快讯· 2025-04-30 22:29
美国法官将苹果公司在Epic Games诉讼中刑事藐视法庭的调查提交给联邦检察官。 ...
Apple notifies new victims of spyware attacks across the world
TechCrunch· 2025-04-30 18:01
Apple sent notifications this week to several people who the company believes were targeted with government spyware, according to two of the alleged targets. In the past, Apple has sent similar notifications to targets and victims of spyware, and directed them to contact a nonprofit that specializes in investigating such cyberattacks. Other tech companies, like Google and WhatsApp, have in recent years also periodically sent such notifications to their users. As of Wednesday, only two people appear to ha ...
Apple ETFs in Focus Ahead of Fiscal Q2 Earnings
ZACKS· 2025-04-30 17:15
Technology giant Apple (AAPL) is set to release second-quarter fiscal 2025 results after market close on May 1. Apple has plunged about 16% so far this year, underperforming the industry’s decline of 5.8%. Most notably, the stock tumbled more than 25% around the President’s “Liberation Day” tariff announcement. But shares rebounded 15% about a week later, buoyed by signs of a potential easing in smartphone-related tariff policies.The trend might reverse if the online behemoth beats estimates in its quarterl ...
Will Strong Services Offset Weak iPhone Sales for AAPL's Q2 Earnings?
ZACKS· 2025-04-30 16:20
Core Viewpoint - Apple's upcoming second-quarter fiscal 2025 results are anticipated to show challenges in iPhone sales due to intense competition in China, particularly from local brands like Huawei and Xiaomi, while the Services segment is expected to continue its strong growth trajectory [1][2]. iPhone Sales - iPhone net sales for the fiscal second quarter are estimated at $46.45 billion, indicating a modest year-over-year growth of 1.1% [3]. - The delay in the launch of Apple Intelligence in key markets, including Mainland China, raises concerns about iPhone sales performance [1]. Services Segment - The Services segment is projected to achieve a low double-digit growth rate year-over-year, with net sales estimated at $26.76 billion, reflecting a 12.1% increase [2][3]. - The growth in Services is supported by a strong install base, with over 1 billion paid subscribers, which has more than doubled in the past four years [4][5]. Mac Sales - Mac net sales are expected to reach $7.79 billion, suggesting a year-over-year growth of 4.6% [9]. - The Mac segment has benefited from strong demand for the new M4 chip series, contributing to a 14.1% year-over-year shipment growth, with Apple holding an 8.7% market share [6][8]. iPad Sales - iPad sales are projected to increase to $5.92 billion, indicating a year-over-year growth of 6.5% [12]. - The introduction of the new iPad Air with the M3 chip is expected to drive sales, with previous iPad sales having increased by 15.2% year-over-year to $8.09 billion [11][12].
Apple & Amazon Earnings: What Can Investors Expect?
ZACKS· 2025-04-30 16:15
Key Takeaways Several Mag 7 members headline the reporting docket this week. Guidance remains key for each stock's movement post-earnings. AWS results are key for AMZN, whereas iPhone results are key for AAPL. This week’s reporting docket is headlined by many notable companies, a list that includes beloved Mag 7 members Apple (AAPL) and Amazon (AMZN) .Let’s take a closer look at what investors can expect from the titan duo.Apple Revisions Remain StableAnalysts have been primarily quiet concerning their EP ...