Dow Jones Futures Rally As Apple iPhone 13 Set To Debut

Dow Jones futures were little changed late Monday following the mixed stock market action. The Apple iPhone 13 is set to debut Tuesday. Read More...


Apple shares recover ground after Epic ruling slide

The court issued a permanent injunction that would let app developers route players to alternative platforms to make payments, allowing them to avoid Apple’s 30% App Store fees. Analysts said that while the ruling had the potential to eat into Apple’s services revenue, a big driver of growth in recent years, any hit was still unclear, would be spaced out in time and liable to be only a small fraction of overall income. “In the end, I expect this to have at most a 2% headwind to overall revenue and 4% to earnings,” said Gene Munster, managing partner at tech-centric VC firm Loup Ventures.

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