Apple Warns Investors of Antitrust Risks
Antitrust scrutiny of major tech corporations has been intensifying in recent years as critics argue that the companies wield too much power in their respective markets. For Apple (NASDAQ: AAPL), the main criticisms revolve around the App Store, which is the only way for average consumers to download apps and other content to mobile devices. The Mac maker reported fiscal fourth-quarter results last week and subsequently filed its annual report.
Apple warned investors of the heightened risks it now faces around antitrust concerns.
Apple CEO Tim Cook. Image source: Apple.
Source Fool.com
