Apple's Supreme Court loss is bad news for its effort to transform itself into a services company
this year, KeyBanc Capital Markets forecast in March. That's a remarkable figure, given that Apple's entire services business accounted for just 16% of the company's total sales in the first six months of its current fiscal year and attests to just how profitable the App Store is for the company.The case revolves around how consumers get apps on their iPhones and the fees Apple charges for sales through its App Store.
But that ruling is a significant setback to Apple, because it increases the likelihood that the case will actually go to trial. And it's not hard to see how that could be a big problem for Apple.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Supreme Court rules against Apple in App Store antitrust caseThe Supreme Court on Monday ruled 5-4 against Apple in a case involving its signature electronic marketplace, the App Store, allowing iPhone users to move forward with their suit against the company.
Read more »
Supreme Court Allows Antitrust Suit Against Apple to ProceedThe Supreme Court ruled Monday that consumers can proceed with an antitrust lawsuit challenging Apple Inc.’s exclusive control over the marketplace for iPhone apps, threatening the tech giant’s slice of billions of dollars in software sales.
Read more »
The Supreme Court just ruled against Apple in an antitrust case centered around the App StoreThe U.S. Supreme Court on Monday gave the go-ahead for a lawsuit by consumers accusing Apple of monopolizing the market for iPhone apps.
Read more »
Supreme Court rules against Apple, allowing lawsuit targeting App Store to proceedThe 5-4 decision could spell serious repercussions for one of Apple’s most lucrative lines of business, and open the door for similar legal action targeting other tech giants in Silicon Valley.
Read more »
Supreme Court rules Apple will face antitrust suit for its iPhone appsThe Supreme Court has cleared the way for Apple to be sued under antitrust laws for allegedly monopolizing the sale of apps on its iPhones. The 5-4 decision in the closely watched case could open the way for similar lawsuits against other online giants.
Read more »
IPhone owners can sue Apple for monopolizing App Store, Supreme Court rulesThe Supreme Court says consumers who accuse Apple of violating antitrust rules with its App Store can sue the company
Read more »
Supreme Court clears way for iPhone users to sue Apple over App Store pricesA divided Supreme Court today cleared the way for iPhone owners to sue Apple for alleged 'higher-than-competitive prices' for apps sold in App Store
Read more »
Supreme Court rules against Apple in dispute over app pricesThe Supreme Court in a 5-4 ruling concluded that consumers who believe they've overpaid for apps can sue Apple and other app store operators on antitrust grounds
Read more »
Supreme Court says Apple customers can sue over App Store pricesNEW: US Supreme Court rules that Apple customers can sue the company over the prices in the app store. Watch PeteWilliamsNBC break down the ruling.
Read more »