Express News | Form 13f report shows that Deutsche Bank increased its shareholding in Apple, Broadcom, Meta Platforms, Tesla, and other stocks in the third quarter. They decreased their shareholding in Nvidia, Google C, Merck Pharmaceuticals, Bank of America, and other
Apple Hit With GBP3 Billion UK Lawsuit Over Cloud Storage Contracts
Apple Inc. faces a $3.8 billion antitrust charge due to its iCloud services.
On November 14, Gelonghui reported that the consumer protection organization Which? in the united kingdom has filed a lawsuit against apple for 3 billion british pounds, claiming that apple linked consumers to its iCloud storage service, violating competition rules. Which? stated that apple abuses its dominant position by forcing users to register for iCloud to store data such as photos and messages, while not allowing them to use other competitive suppliers' services to back up their data. The organization also claimed that apple charges excessively for the iCloud subscription service.
Canalys: Global AI PC shipment reached 13.3 million units in the third quarter, market share increased to 20%.
In the third quarter of 2024, the global AI PC shipment reached 13.3 million units, accounting for 20% of the total PC shipment for this quarter.
Counterpoint: iPhone 15 is the best-selling smart phone globally in the third quarter of 2024.
The iPhone 15 is the best-selling smart phone globally in the third quarter of 2024, with the iPhone 15 Pro Max and iPhone 15 Pro following closely behind.
The united kingdom consumer organization has initiated a lawsuit against apple (AAPL.US) for allegedly violating competition law.
The United Kingdom consumer organization Which? will take legal action against apple (AAPL.US), accusing apple of violating competition law by trying to lock millions of customers into iCloud services. This is due to apple encouraging users to sign up for iCloud to store photos, videos, and other data while also making it difficult to use alternative service providers. Which? points out that once customers' data exceeds the free 5GB limit, they must pay for the service, believing that apple's measures lead to a lack of competition in the market, resulting in consumers being overcharged for iCloud monthly subscription fees by up to 13.36 british pound this year.