Apple Reports Decline in Stock Price and Market Value
Apple’s stock price has declined by over 20% this year, resulting in a significant loss of value for the company. The decline is attributed to concerns over US tariffs and decreased demand.
Market Share and Sales Performance
Despite the decline in stock price, Apple has managed to increase its market share in smartphone sales, reaching its highest level since the COVID-19 pandemic. This achievement is a testament to the company’s continued competitiveness in a rapidly evolving market.
App Store Policy Changes in the European Union
In response to a €500 million fine from the EU’s antitrust regulators, Apple has made changes to its App Store policies in the European Union. The company has relaxed its rules for app developers, allowing them more freedom to direct users outside of the App Store. Additionally, Apple has introduced a new fee structure for app developers.
Key Developments
- Apple’s stock price has declined by over 20% this year
- Concerns over US tariffs and decreased demand are contributing factors to the decline
- Apple has increased its market share in smartphone sales to its highest level since the COVID-19 pandemic
- The company has made changes to its App Store policies in the European Union, including relaxing rules for app developers and introducing a new fee structure