Apple stock fell Wednesday after Bloomberg reported that the Chinese government is exploring the launch of an antitrust probe into the company’s policies.
China's State Administration for Market Regulation is planning a potential investigation into Apple's (NASDAQ:AAPL) App Store policies and the fees it charges app developers, Bloomberg News reported.
Patrick's play The Cowboy is included in the Best American Short Plays 2011-12 anthology ... tech correspondent at Insider, reporting on Apple and the broader consumer tech industry.
Apple faces a new 10 per cent tariff on Chinese imports, which could raise device prices. Meanwhile, China has responded to this by launching an antitrust probe into Apple’s App Store policies.