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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Apple Inc.    AAPL

APPLE INC.

(AAPL)
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Apple : Fortnite' Will Remain Out of Apple's App Store Ahead of Trial, Judge Rules

10/09/2020 | 05:44pm EST

By Sarah E. Needleman

A California federal judge said Apple Inc. doesn't have to return the popular videogame "Fortnite" to its App Store but maintained that the tech giant can't block the game's creator from accessing its critical software development tools.

The ruling Friday on Epic Games Inc.'s motion for a preliminary injunction yielded a split decision similar to Judge Yvonne Gonzalez Rogers' order in August.

"Given the novelty and the magnitude of the issues, as well as the debate in both the academic community and society at large, the Court is unwilling to tilt the playing field in favor of one party or the other with an early ruling of likelihood of success on the merits," Judge Gonzalez Rogers wrote in her ruling.

Write to Sarah E. Needleman at sarah.needleman@wsj.com

(END) Dow Jones Newswires

10-09-20 1944ET

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Financials (USD)
Sales 2021 315 B - -
Net income 2021 66 095 M - -
Net cash 2021 80 862 M - -
P/E ratio 2021 29,4x
Yield 2021 0,73%
Capitalization 1 973 B 1 973 B -
EV / Sales 2021 6,01x
EV / Sales 2022 5,66x
Nbr of Employees 147 000
Free-Float 99,9%
Chart APPLE INC.
Duration : Period :
Apple Inc. Technical Analysis Chart | AAPL | US0378331005 | MarketScreener
Technical analysis trends APPLE INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 43
Average target price 126,66 $
Last Close Price 116,03 $
Spread / Highest target 29,3%
Spread / Average Target 9,16%
Spread / Lowest Target -35,4%
EPS Revisions
Managers
NameTitle
Timothy Donald Cook Chief Executive Officer & Director
Arthur D. Levinson Chairman
Jeffrey E. Williams Chief Operating Officer
Luca Maestri Chief Financial Officer & Senior Vice President
Kevin M. Lynch Vice President-Technology
Sector and Competitors
1st jan.Capitalization (M$)
APPLE INC.58.05%1 972 719
SAMSUNG ELECTRONICS CO., LTD.21.86%412 799
XIAOMI CORPORATION146.75%82 757
WINGTECH TECHNOLOGY CO.,LTD9.69%19 210
FITBIT, INC.9.44%1 959
MERRY ELECTRONICS CO., LTD.-16.72%1 024