FTC Chair Calls for Review of Apple News Curation Policies
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Should l Buy AAPL?
Source: CNBC
Apple Inc's stock has hit a 5-day low amid a broader market decline, with the Nasdaq-100 down 1.74% and the S&P 500 down 1.23%.
The FTC Chair Andrew Ferguson has urged Apple CEO Tim Cook to review the curation policies of Apple News, citing allegations of political bias that could violate consumer expectations. Ferguson referenced a study indicating that conservative outlets were excluded from a significant number of stories, raising concerns about ideological favoritism. This call for review could have legal implications for Apple if corrective actions are not taken.
The implications of this situation could affect Apple's reputation and user trust, particularly if the allegations lead to regulatory scrutiny. As the company navigates these challenges, its stock performance may continue to be influenced by both market conditions and public perception.
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Analyst Views on AAPL
Wall Street analysts forecast AAPL stock price to rise
32 Analyst Rating
19 Buy
11 Hold
2 Sell
Moderate Buy
Current: 261.730
Low
230.00
Averages
299.69
High
350.00
Current: 261.730
Low
230.00
Averages
299.69
High
350.00
About AAPL
Apple Inc. designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services. Its product categories include iPhone, Mac, iPad, and Wearables, Home and Accessories. Its software platforms include iOS, iPadOS, macOS, watchOS, visionOS, and tvOS. Its services include advertising, AppleCare, cloud services, digital content and payment services. The Company operates various platforms, including the App Store, that allow customers to discover and download applications and digital content, such as books, music, video, games and podcasts. It also offers digital content through subscription-based services, including Apple Arcade, Apple Fitness+, Apple Music, Apple News+, and Apple TV+. Its products include iPhone 16 Pro, iPhone 16, iPhone 15, iPhone 14, iPhone SE, MacBook Air, MacBook Pro, iMac, Mac mini, Mac Studio, Mac Pro, iPad Pro, iPad Air, AirPods, AirPods Pro, AirPods Max, Apple TV, Apple Vision Pro and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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