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Apple stock hit its highest price in more than a year on Tuesday putting the company’s value just below $3 trillion (a point its been above already in the past). However, it’ll take more than just a record close to hit that market-cap milestone once more. Dan Caplinger for The Motley Fool: You won’t find a bigger stock than Apple, as its market capitalization rose to nearly $3 trillion in early 2022. Yet even as other stocks make their push toward trillion-dollar market-cap status, Apple is dealing with a headwind in its efforts to retrace its record run — and it has only itself to blame… With the stock now about 2% below that mark, it might seem as if…
EU antitrust bureaucrats are seeking more information on Apple Pay, the company’s mobile payment system, the European Commission said on Wednesday. Reuters: The EU competition watchdog last year accused Apple of restricting rivals’ access to its tap-and-go technology, Near-Field Communication (NFC), used for mobile wallets, making it difficult for them to develop rival services on Apple devices. “We can confirm the sending of requests for information,” a commission spokesperson said, while declining to provide details. The commission’s request for information to rivals and retailers is unusual as it comes three months after Apple defended itself at a Feb. 14 hearing. The regulator, which can fine Apple up to 10% of its global turnover if found guilty of breaching antitrust rules,…
Apple is expected to announce iOS 17 during its WWDC 2023 keynote on June 5, which is just over a month away. Ahead of time, rumors suggest the update will include at least eight new features and changes for iPhones, as outlined below. The first iOS 17 beta should be made available to members of Apple's Developer Program moments after the keynote, while a public beta will likely be available in July for members of Apple's Beta Software Program. As usual, the update should be widely released in September, around the time that new iPhones launch. Some of the features and changes listed below might not be added until later iOS 17 versions, such as iOS 17.1 or iOS 17.2.…
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