Hit game "Fortnite" was unavailable on Apple's digital App Store around the world on Friday, in the latest episode of a battle between the tech titan and publisher Epic Games.
The Trump administration and congressional officials have raised concerns about a deal to put a Chinese company's artificial intelligence on iPhones.
As the news of the trade war truce between China and the US continues to reverberate across markets, China still remains a major supplier and developer for various tech companies and landmark devices. Such as Apple's iPhone (AAPL).
Apple Inc. remains one of the largest companies globally despite tariffs and missing earnings. The company's recent earnings highlight its value as an investment. Apple has not provided guidance beyond the current period.
Apple and Epic Games are reportedly sparring over Apple's denial of Epic Games' resubmission to place its game Fortnite in the App Store. Epic Games said Friday that its resubmission was denied by Apple, while Apple responded that it did not remove the game from alternative distribution marketplaces, CNBC reported Friday (May 16).
President Trump wants Apple (AAPL) to make iPhones in the U.S. Wall Street analysts say that's not likely to happen.
Apple users experienced problems with a range of the company's payment features on Friday. The company's Wallet and Apple Pay features were the last to be resolved, according to the company's support site.
Epic Games' popular video game "Fortnite" is unavailable on iOS devices around the globe after the company said Apple (AAPL) blocked its submission to return to the App Store in the U.S., and Epic Games Store internationally.
Though stock buybacks are criticized by some, they make great sense for mature companies with little growth left to squeeze.
“Fortnite” maker Epic Games said Friday that Apple has blocked its latest attempt to bring back the popular video game in the US version of its App Store.
Apple Inc (NASDAQ:AAPL, ETR:APC) may be grappling with tariff uncertainty and a sluggish AI rollout, but investors should not lose sight of its long-term strengths. That is the message from Wedbush, which reiterated its “outperform” rating and $270 price target, citing growing confidence in Apple's ability to manage geopolitical risks while preserving margin and scale.
Zacks.com users have recently been watching Apple (AAPL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.