real-time news and commentary for investors
Monday, Jun 3
Apple (AAPL) roundup: 1) Apple is due to go to court today over allegations that it conspired...
Apple (AAPL) roundup: 1) Apple is due to go to court today over allegations that it conspired with five publishers to raise e-book prices. Apple is facing the suit alone after the publishers involved settled with the Justice Department. 2) Apple reportedly signed a licensing deal with Warner Music over the weekend as it looks to launch a music-streaming service at its developer conference next week. Apple still needs to finalize agreements with Universal Music and Sony (SNE). 3) Google (GOOG) is set to seize Apple's crown for mobile apps in the next few months. While Apple downloads tops those of Android by 50B to 48B, the monthly rate is 2.5B vs 2B in Android's favor.