The other day, I came across a news headline saying Apple CEO Tim Cook had given US President Donald Trump a “24K gold iPhone.” My first reaction was to raise an eyebrow surely that’s a bit over the top? But I quickly realized that media headlines love to exaggerate. After digging deeper, I found the … Continue reading From a 24K iPhone to $600 Billion
Tag: iPhone
A Rational Economic Reflection: Examining the Hypocrisy and Logic of Regulation in the Apple EU Dispute
As an avid observer of technology and economic issues, I feel both perplexed and frustrated by the ongoing dispute between Apple and the European Union. The EU, citing the Digital Markets Act, imposed a €500 million (approximately $580 million) fine on Apple and demanded changes to the App Store’s operations, labeling them as “anti competitive.” … Continue reading A Rational Economic Reflection: Examining the Hypocrisy and Logic of Regulation in the Apple EU Dispute

