19:06:59 EDT Sat 25 May 2024
Enter Symbol
or Name
USA
CA



Apple CDR (CAD Hedged)
Symbol AAPL
Shares Issued 7,600,000
Close 2023-12-22 C$ 28.78
Market Cap C$ 218,728,000
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Globe/NYT say Apple again under antitrust scrutiny

2023-12-27 06:32 ET - In the News

The Globe and Mail reports in its Tuesday edition that for years, Ben Black's phone annoyed his family. A New York Times item inside The Globe says it was the only Android device in a family message group with eight iPhones. Because of him, videos and photos would arrive in low resolution. A new app called Beeper Mini gave him the ability to change that. Mr. Black, 25, used the app to create an account for Apple's messaging service, iMessage, with his Google Pixel phone number. For the first time, every message the family exchanged had a blue bubble and members were able to use perks such as emoji and animations. Beeper Mini has quickly become a headache and potential antitrust problem for Apple. It has poked a hole in Apple's messaging system, while critics say it has demonstrated how Apple bullies potential competitors. Apple was caught by surprise when Beeper Mini gave Android devices access to its modern, iPhone-only service. Days after Beeper Mini's launch, Apple blocked the app by changing its iMessage system. The duel has raised questions in Washington about whether Apple has used its market dominance over iMessage to block competition and force consumers to spend more on iPhones than lower-priced alternatives.

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