Shiba Capital
Court issues permanent injunction in Apple vs Epic Games
Shiba_Capital
Publish date: Sun, 12 Sep 2021, 02:15 PM
Shiba_Capital
0 20
A place to share and provide some updates in the market
**Disclaimer: This is purely for sharing information and educational purposes only.
This post is not intended in instructing/informing any personal to do buy / sell.
Please trade at your own risk or ask for advice from a qualified person.**
**Disclaimer: This is purely for sharing information and educational purposes only.
This post is not intended in instructing/informing any personal to do buy / sell.
Please trade at your own risk or ask for advice from a qualified person.**
Last Fri, the US Federal Court's decision ordered Apple to not restrict App developers from directing user to 3rd party payment system. This ban is expected to take effect after Dec 9 2021.
"Apple tax" is actually an annual income of more than 20 bil for $APPL.
Upon the news announcement, Apple's stock price plunged and closed -3.3%, evaporated more than $80bil a day.
Did Apple lost? Not yet. The court still ruled that overall structure of the App Store is legal. Also Epic Games should still pay 30% of all revenue received through their own payment channel previously.
Will this affect $INARI? No as long as iPhone sells
Come join our telegram at : https://t.me/shibacapital
Come join our facebook at: Shiba Capital
More articles on Shiba Capital
The Big Energy Crunch - Coal, Oil & Gas (Feat- $ARMADA, $HIBISCS, $YINSON, $DIALOG)
Created by Shiba_Capital | Oct 06, 2021
Quick recap of what happened this week! *Full of Volatility and excitements*
Created by Shiba_Capital | Sep 26, 2021
What happened to Evergrande and its impacts to the steel industry
Created by Shiba_Capital | Sep 20, 2021
Weekly Recap - $SCIENTEX, $JAKS, $KGB, $GREATEC, $QES, $TOPGLOV & 5G
Created by Shiba_Capital | Sep 19, 2021
Macro-roni of the week- Commodities (Alum & LNG), Semiconductor index SOXX
Created by Shiba_Capital | Sep 15, 2021
JHM , D&O. [Educational] Lets understand JHM and difference between JHM and D&O.
Created by Shiba_Capital | Aug 01, 2021
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Apps
Top Articles
1
2
3
4
Good Articles to Share
5
6
7
Good Articles to Share
Slower US Fed pivot weakens rate-cut bets across emerging Asia
8
Good Articles to Share
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
