Apple has reached a $4 trillion market valuation for the first time, becoming the third company to hit this milestone after Nvidia and Microsoft. The achievement comes ahead of quarterly earnings and follows strong iPhone 17 performance.
A federal judge has decertified the long-running 2011 antitrust lawsuit against Apple’s App Store practices. The case collapsed after plaintiffs failed to demonstrate classwide harm or provide reliable methodology to calculate damages.
A UK tribunal has ruled against Apple in a massive collective lawsuit representing millions of British iPhone and iPad users. The case alleges the tech giant charged unfair commissions through its App Store, potentially leading to substantial compensation payouts.
Apple faces a potential £1.5 billion payout after losing a major collective lawsuit in the United Kingdom, according to court documents. The Competition Appeals Tribunal ruled that the technology company must face allegations of charging “excessive and unfair” prices to millions of British consumers through its App Store commission structure.
The US foldable phone market is projected to surge 68% in 2025, setting the stage for Apple’s anticipated entry. Industry analysts suggest a foldable iPhone could position Apple as Samsung’s closest competitor by late 2026.
The foldable phone segment in the United States is entering a period of accelerated expansion, with market watchers forecasting a remarkable 68% year-on-year growth in 2025. This represents a significant acceleration from the modest 11% increase recorded in 2024, according to industry analysis. The projected growth sets the stage for what analysts describe as a potential market transformation when Apple enters the foldable arena.
Apple has commenced shipment of US-manufactured servers to its data centers, marking a significant step in its $600 billion domestic investment pledge. The servers will support Apple’s Private Cloud Compute and Apple Intelligence systems. This move represents part of Apple’s broader strategy to navigate global trade challenges while strengthening domestic manufacturing.
Apple has initiated shipments of US-manufactured servers to its data centers, according to reports from company officials. This development represents a concrete step in the technology giant’s comprehensive $600 billion domestic investment commitment, sources indicate. The servers are expected to enhance Apple’s computational infrastructure while supporting the company’s growing artificial intelligence initiatives.
Apple has lost a significant class action lawsuit in the UK over its App Store commission practices. The Competition Appeal Tribunal ruled the company’s 30% fees constituted an abuse of market dominance, potentially exposing Apple to £1.5 billion in damages. The tech giant has announced it will appeal the decision.
A UK tribunal has ruled against Apple in a major class action lawsuit concerning the company’s App Store commission structure, according to court documents. The Competition Appeal Tribunal (CAT) determined that Apple abused its dominant market position by imposing what it described as unfair and excessive 30% fees on app developers. The case represents approximately 20 million iPhone and iPad users in the UK, with potential damages reportedly valued at up to £1.5 billion (approximately $2 billion).
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