Apple Stock News

Apple is reportedly facing hurdles in bringing its AI-powered iPhone to China.  Government officials there say foreign tech companies will have to undergo a “difficult and long process” to gain approval unless they work with local groups, the Financial Times (FT) reported Tuesday (Nov. 26).

Brazil's antitrust regulator Cade has ruled that Apple must lift restrictions on in-app purchases within 20 days, Reuters reports. Otherwise, if the iPhone maker doesn't comply, it faces fines of $43,000 per day.

Throughout its history, Apple (AAPL 1.30%) has done nothing but compound its investors' capital. In the past two decades, shares have skyrocketed to 20,000%, turning a small $5,000 cash outlay into a cool $1 million today (as of Nov. 22).

Indonesia has rejected an Apple $100 million investment proposal aimed at lifting a ban on iPhone 16 sales, saying it lacks the "fairness" required by the government.

A number of high-profile American business leaders are in China this week for the country's second annual international supply chain expo, including Apple's Tim Cook. "We're very committed to China, that's the reason I have been here three times," Cook said in a video interview with Chinese state media, adding that he expects the relationship to "only get better.

Brazilian antitrust regulator Cade said on Monday that Apple must lift restrictions on payment methods for in-app purchases, among other things, as the watchdog moved to proceed with an investigation into a complaint filed by Latin America e-commerce giant MercadoLibre.

Alphabet, Microsoft, and most of the rest of the crowd want AI chips. And Nvidia is a big supplier.

Despite bearish sentiment, I remain bullish on Apple due to expected earnings and revenue growth, especially in the Services segment. Apple's robust financials, including $108.81 billion in free cash flow and significant shareholder returns, highlight its profitability and shareholder-friendly nature. Potential risks include dependency on iPhone sales, lack of innovation, and economic factors l...