stocks
Apple's Services Machine Has a New Risk: Regulators Are Rewriting the Toll Booth
Apple's Services business is still breaking records, but new EU App Store rules are changing the economics of one of its most valuable platforms.
NASDAQ · Consumer Electronics
Apple Inc. (AAPL)
Apple sells iPhone, Mac, iPad and wearables hardware alongside a high-margin services business spanning the App Store, iCloud, advertising and payments. Founded in 1976 and headquartered in Cupertino, California, Apple Inc. employs approximately 166,000 people.
Quote currency: USD. Market data may be delayed and may differ from current market levels.
Price$319.70
Change+1.63%
Market cap$4.67T
P/E ratio36.68
Analyst consensusBuy
Price target$324.45
Next earningsUnavailable
Dividend yield0.34%
Company profile
Headquarters
Cupertino, California
Founded
1976
Employees
166,000
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