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    AAPL   US0378331005

APPLE INC.

(AAPL)
  Report
Delayed Nasdaq  -  04:00:01 2023-02-03 pm EST
154.50 USD   +2.44%
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Spotify CEO renews attack on Apple after Musk's salvo

11/30/2022 | 09:26am EST
FILE PHOTO: Daniel Ek, CEO of Spotify speaks at a Samsung product launch event in Brooklyn

STOCKHOLM (Reuters) - Spotify CEO Daniel Ek renewed his attack on Apple on Wednesday through a series of tweets alleging the iPhone maker "gives itself every advantage while at the same time stifling innovation and hurting consumers".

On Monday, Elon Musk criticized the fee Apple charges software developers, including Twitter, for in-app purchases, and posted a meme suggesting he was willing to "go to war" rather than pay the levy.

Apple did not immediately respond to a request for comment on Wednesday. It said earlier this week that the commissions it gets help to fund reviews of apps to ensure consumers are not exposed to fraud, pornography or privacy-intrusion.

Spotify has previously submitted antitrust complaints against Apple's policies with the European Commission.

Apart from Musk, Ek also tagged various technology executives in his tweets, from Epic Games CEO Tim Sweeney to Microsoft President Brad Smith.

"So how much longer will we look away from this threat to the future of the internet? How many more consumers will be denied choice?," Ek said in a tweet tagging the European Commission and the U.S. Commerce Department.

"There's been a lot of talk. Talk is helpful but we need action," Ek said.

(Reporting by Supantha Mukherjee in Stockholm and Martin Coulter in London; Editing by Mark Potter)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
APPLE INC. 2.44% 154.5 Delayed Quote.18.91%
INTUIT INC. -6.28% 423.76 Delayed Quote.8.87%
MICROSOFT CORPORATION -2.36% 258.35 Delayed Quote.7.73%
SPOTIFY TECHNOLOGY S.A. -1.14% 121.17 Delayed Quote.53.48%
TESLA, INC. 0.91% 189.98 Delayed Quote.54.23%
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Analyst Recommendations on APPLE INC.
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Financials (USD)
Sales 2023 389 B - -
Net income 2023 94 065 M - -
Net cash 2023 56 973 M - -
P/E ratio 2023 25,8x
Yield 2023 0,62%
Capitalization 2 444 B 2 444 B -
EV / Sales 2023 6,13x
EV / Sales 2024 5,64x
Nbr of Employees 164 000
Free-Float 99,9%
Chart APPLE INC.
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Apple Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends APPLE INC.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 44
Last Close Price 154,50 $
Average target price 168,11 $
Spread / Average Target 8,81%
EPS Revisions
Managers and Directors
Timothy Donald Cook Chief Executive Officer & Director
Luca Maestri Chief Financial Officer & Senior Vice President
Arthur D. Levinson Independent Chairman
Kevin M. Lynch Vice President-Technology
Jeffrey E. Williams Chief Operating Officer
Sector and Competitors
1st jan.Capi. (M$)
APPLE INC.18.91%2 444 491
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WINGTECH TECHNOLOGY CO.,LTD13.69%11 018
SHENZHEN TRANSSION HOLDINGS CO., LTD.13.92%10 770
DZS INC.2.21%400
RTX A/S22.24%172