• 242
  • 76
  • Favorite

Apple shares fell 1.04% in early trading as S.Korea's parliament passing bill to curb Apple commission dominance

Tiger Newspress2021-08-31

Apple shares fell 1.04% in early trading as S.Korea's parliament passing bill to curb Apple commission dominance.

South Korea's parliament on Tuesday approved a bill that bans major app store operators such as Google and Apple from forcing software developers to use their payment systems, effectively stopping them from charging commissions on in-app purchases.

It is the first such curb by a major economy on the likes of Apple Inc and Alphabet Inc's Google, which face global criticism for requiring the use of proprietary payment systems that charge commissions of up to 30%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment76

  • HelloKitty55
    ·2021-09-02
    Up soon
    Reply
    Report
  • ALearner
    ·2021-09-01
    I don’t think has any major impact
    Reply
    Report
  • rajanivi
    ·2021-09-01
    Good..
    Reply
    Report
  • Kel9670ong
    ·2021-09-01
    Little impact
    Reply
    Report
    Fold Replies
  • LennartM
    ·2021-09-01
    like n comment ?
    Reply
    Report
    Fold Replies
    • Bry8950
      Ok
      2021-09-01
      Reply
      Report
    • Newbie_21
      Done
      2021-09-01
      Reply
      Report
  • MK8888
    ·2021-09-01
    Cool.
    Reply
    Report
  • Kerrisdale
    ·2021-09-01
     Good for overall competition 
    Reply
    Report
  • Tanyl
    ·2021-09-01
    I will still support Apple share
    Reply
    Report
    Fold Replies
    • Sohws
      Lets go Apple
      2021-09-01
      Reply
      Report
  • Tanyl
    ·2021-09-01
    I will still support Apple share
    Reply
    Report
  • winsolutions
    ·2021-09-01
    Good for consumer, no good for shareholder. Sure APPLE can handle this minor adjustment. I opined tat APPLE going to stagnate without revolutionary new toy. EV to me is a wrong bet.
    Reply
    Report
  • MBE
    ·2021-09-01
    Follow the Chinese government…
    Reply
    Report
  • FrickL
    ·2021-09-01
    For Samsung, their national brand. 
    Reply
    Report
  • Yangli
    ·2021-09-01
    Good for competition 
    Reply
    Report
  • Dzzh83
    ·2021-09-01
    Oh no…
    Reply
    Report
  • Tan123
    ·2021-09-01
    good...
    Reply
    Report
  • JellybeAn
    ·2021-09-01
    Apple would likely recover from this soon
    Reply
    Report
    Fold Replies
    • Alex1709
      True
      2021-09-01
      Reply
      Report
  • Tmchoo
    ·2021-09-01
    .
    Reply
    Report
  • KH321
    ·2021-09-01
    Apple will recover. 
    Reply
    Report
  • Eagle88
    ·2021-09-01
    Not worry
    Reply
    Report
    Fold Replies
    • Tmchoo
      .
      2021-09-01
      Reply
      Report
    • Xkuanx
      No
      2021-09-01
      Reply
      Report
  • ArcherWG
    ·2021-09-01
    Mm...
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial