Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Apple Inc.    AAPL

APPLE INC.

(AAPL)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Apple : fails to end MacBook 'butterfly' keyboard class action

share with twitter share with LinkedIn share with facebook
12/02/2019 | 03:20pm EDT
Apple company logos are seen as two MacBooks stand next to each other in an office in Vienna

A federal judge on Monday rejected Apple Inc's bid to dismiss a proposed class action lawsuit by customers who said it knew and concealed how the "butterfly" keyboards on its MacBook laptop computers were prone to failure.

U.S. District Judge Edward Davila in San Jose, California said Apple must face claims that its troubleshooting program did not provide an "effective fix" for MacBook design defects, or fully compensate customers for their out-of-pocket expenses while seeking repairs.

Customers claimed that their MacBook, MacBook Pro and MacBook Air laptop keyboards suffered from sticky keys, unresponsive keys and keystrokes that failed to register when tiny amounts of dust or debris accumulated under or near keys.

They also said Apple's service program was inadequate because the Cupertino, California-based company often provided replacement keyboards that had the same problems.

The lawsuit covers purchasers of model year 2015 or later MacBook laptops, and model year 2016 or later MacBook Pros laptops. It seeks a variety of damages for violations of several states' consumer protection laws.

Apple did not immediately respond to requests for comment. Benjamin Johns, a lawyer for the plaintiffs, said he was pleased with the decision and looked forward to pursuing the case.

Last month, Apple introduced a MacBook Pro with a larger screen and new "Magic" keyboard with the "scissor" mechanism more commonly found in the industry. The hinged butterfly mechanism resembles a butterfly's wings.

Mac sales, including various MacBook models, accounted for about 10% of Apple's $260.2 billion of net sales in its fiscal year ended Sept. 28.

The case is In re: MacBook Keyboard Litigation, U.S. District Court, Northern District of California, No. 18-02813.

By Jonathan Stempel

share with twitter share with LinkedIn share with facebook
All news about APPLE INC.
03:41pU.S. faces ongoing court battles over TikTok, WeChat bans
RE
02:43pU.s. federal judge says trial between apple inc and 'fortnite' creator epic g..
RE
02:30pWall Street jumps, financials take the lead
RE
02:29pWall Street jumps, financials take the lead
RE
02:15pGoogle to enforce Play store tax on the 3% of apps not paying
RE
02:08pGoogle to enforce Play store tax on the 3% of apps not paying
RE
01:47pTech, bank shares drive Wall Street higher
RE
01:08pMARKETS IN THIRD QUARTER : The charge before the storm
RE
11:44aWall Street jumps as tech, bank shares gain
RE
10:31aWall St kicks off week on high note as tech, bank shares gain
RE
More news
Financials (USD)
Sales 2020 273 B - -
Net income 2020 56 922 M - -
Net cash 2020 73 828 M - -
P/E ratio 2020 34,7x
Yield 2020 0,71%
Capitalization 1 920 B 1 920 B -
EV / Sales 2020 6,77x
EV / Sales 2021 6,01x
Nbr of Employees 137 000
Free-Float 99,9%
Chart APPLE INC.
Duration : Period :
Apple Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends APPLE INC.
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 40
Average target price 119,98 $
Last Close Price 112,28 $
Spread / Highest target 33,6%
Spread / Average Target 6,86%
Spread / Lowest Target -36,8%
EPS Revisions
Managers
NameTitle
Timothy Donald Cook Chief Executive Officer & Director
Arthur D. Levinson Chairman
Jeffrey E. Williams Chief Operating Officer
Luca Maestri Chief Financial Officer & Senior Vice President
Kevin M. Lynch Vice President-Technology
Sector and Competitors
1st jan.Capitalization (M$)
APPLE INC.52.96%1 920 273
XIAOMI CORPORATION87.38%61 341
WINGTECH TECHNOLOGY CO.,LTD29.32%21 207
MEITU, INC.-11.59%790
DIGIA OYJ45.36%180
DORO AB (PUBL)-12.67%115