Apple (Aapl) Fined Over Iphone Water Resistance Claims

• Reading Time:3mn

Apple (AAPL) Finely via iPhone water resistance requirements

Meaning for investors

• The regulatory authorities in Italy have a fine apple over fraudulent sales practices.
• The housing includes the water resistance of the latest iPhone models.
• Regulatory authorities discovered that Apple requirements are stored only controlled conditions..

Meaning For Investors

In view of the plant, Apple has an annual turnover of SEK 274.5 billion SEK.Dollars, fines that are considered by the AGCM of Italy, which is easily absorbable from the company. However, there is a strong possibility that this is in a series of legislative and legal steps only an opening of Salvo, which in this case of governments and consumersTo be included in the world against the company. So I would like to quickly escalate the potential costs for Apple escalations.

AGCM also found a ten million euros in 2018, which is known as a battery compartment in which Apple could not provide any consumers that the software updates have deliberately reduced the performance of older Iphones with outdated batteries.A few big billing the United States of the entire global price of Apple from Battery Badge Currently trend to six hundred million US dollars.

In addition, water resistance is another encounter for the call of apple needed for a small but indeterminate negative effect on future sales. The effort is already a primary goal for politicians, supervisors and consumers that match the battery.The water resistance will probably give even more feed to the company's critics.

Other Great European Fines For Apple

So far, the French authorities violate the French authorities with a fine of EUR twenty-five million (around EUR 29.9 million) on the battery water and $ 1.1 billion (about 1.3 billion sec) compared to the competition competition.Juicy and the two wholesalers had agreed and preventing dealers from competing with each other and thus sterilize the wholesale market for Apple products, the president of the French competition authority, which was noticed in March in the latter case.

These two apple wholesalers were well with EUR one hundred and thirty-nine million (around $ 16.5 million) for prices. Collective fines are taken into account in this case, more than 1.2 billion .uro (more than $ 1.4 billion),was the largest as in a single case mentioned in a French competition authority.

The regulatory authorities in Italy have a fine apple over fraudulent sales practices.The housing includes the water resistance of the latest iPhone models.Regulatory authorities discovered that Apple requirements are stored only controlled conditions.

Article Sources

1. Image Source:Click Here

2. Image Source:Click Here