Business

String of litigation cases bites Apple

The US government Thursday sued Apple claiming the tech behemoth illegally maintained a monopoly for its iPhone by stifling competition and imposing high costs on consumers—the latest in a string of legal headaches facing ...

Business

Apple CEO in China ahead of Shanghai store opening

Apple CEO Tim Cook was on a China charm offensive Wednesday ahead of a new flagship Shanghai store opening, weeks after a report suggested the company's sales in the country slumped at the start of 2024.

Business

Apple to let EU users download apps via websites

Apple said Tuesday its users in the EU will be able to download apps directly from websites, bypassing app marketplaces, as it yields to a sweeping new law and pressure from developers.

Business

Apple ends block on EU app store for Fortnite-maker Epic

Apple reversed course on Friday and will allow Epic Games to develop a competing European app store for iPhones after a feud between the two companies tested a new law governing big tech on the continent.

Business

Epic-Apple feud tests EU big tech law

Epic Games on Wednesday called on the EU to swiftly enforce its major new law governing big tech after Apple halted the Fortnite-maker's effort to develop a competing app store for its devices.

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Apple Inc.

Apple Inc. is an American multinational corporation that designs and manufactures consumer electronics and computer software products. The company's best-known hardware products include Macintosh computers, the iPod and the iPhone. Apple software includes the Mac OS X operating system, the iTunes media browser, the iLife suite of multimedia and creativity software, the iWork suite of productivity software, and Final Cut Studio, a suite of professional audio and film-industry software products. The company operates more than 250 retail stores in nine countries and an online store where hardware and software products are sold.

Established in Cupertino, California on April 1, 1976 and incorporated January 3, 1977, the company was called Apple Computer Inc. for its first 30 years, but dropped the word "Computer" on January 9, 2007 to reflect the company's ongoing expansion into the consumer electronics market in addition to its traditional focus on personal computers. Apple has about 35,000 employees worldwide and had worldwide annual sales of US$32.48 billion in its fiscal year ending September 29, 2008. For reasons as various as its philosophy of comprehensive aesthetic design to its distinctive advertising campaigns, Apple has established a unique reputation in the consumer electronics industry. This includes a customer base that is devoted to the company and its brand, particularly in the United States. Fortune magazine named Apple the most admired company in the United States in 2008 and in the world in 2009.

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