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China readies antitrust probe of Apple

China readies antitrust probe of Apple

China’s antitrust watchdog, the State Administration for Market Regulation, is laying the groundwork for a potential probe into Apple’s (AAPL) app store policies and the fees it charges app developers. Apple policies under scrutiny include the cut of as much as 30% on...
China readies antitrust probe of Apple

Apple is Pick #5 for my Special Report: It’s a Market Melt Up!! on my subscription JubakAM.com site (and for my Jubak Picks and Volatility portfolios)

It was sure hard to see a market melt up today, November 22. The Standard & Poor’s 500 was down 0.32% and the NASDAQ Composite fell 1.26%. Market leaders in the melt up rally like Applied Materials (AMAT) and Microsoft (MSFT) were down 1.65% and 0.96%,...
China readies antitrust probe of Apple

Apple says it will close 30 more stores

I’m using Apple (AAPL) as one indicator for the state of the re-opening economy. Apple’s decision today to re-close 30 more of its stores in seven states, including Alabama, California, Florida, Georgia, Idaho, Louisiana, Nevada, Oklahoma, Texas and Utah,...