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Shares of $Apple (AAPL.US)$fell 3.3% on Friday after a federal judge made a decision that could have wide-ranging implications for the tech industry. 
Judge Yvonne Gonzalez Rogers concluded that Apple wasn’t unfairly monopolizing the mobile app space with iOS or its in-app purchasing system, and she ordered Epic to pay damages for violating its developer agreement with Fortnite. At the same time, she ordered Apple to remove its anti-steering rules — policies banning developers from telling users about alternatives to Apple’s in-app purchase system.
Apple said the changes "will help make the App Store an even better business opportunity for developers," but Morgan Stanley analyst Katy Huberty believes there will be "minimal financial impact" to Apple. In a research note, she said the changes would result in just a 1-2% hit to Apple's earnings per share in the 2022 fiscal year in a worst-case scenario.
No matter who wins this fight, all these arguments and lays out a blueprint for further legal arguments about mobile platforms, app monopolies, and modern antitrust law.
You May Want to Know:
Epic Games vs. Apple: Timeline of Events Surrounding Fortnite's Removal From App Store
Source:
A COMPREHENSIVE BREAKDOWN OF THE EPIC V. APPLE RULING
Apple's Planned App Store Changes Will Barely Affect the Company's Bottom Line, Says Analyst

Happy Monday, mooers! Have you watched the "Virgin Galactic Unity 22 Spaceflight Livestream" yesterday?
If you haven't, click here to watch the video shared by  @XDFXThanks a lot for this mooer's sharing!
Back to Weekly Buzz, let's review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes last week! (Nano caps are excluded.).
Every major index moved higher last week. Here's the weekly buzzing stock list of last week:...