Apple (AAPL) Staring at €500 Fine in EU over App Store Restrictions
Apple Inc. (NASDAQ:AAPL) is one of the 12 best-augmented reality stocks to buy, according to analysts. On June 23, Apple was locked in last-minute negotiations with Brussels over the changes it needed to make in its App Store. The company is under pressure to make changes to avert, incurring up to €500 million in fines for allegedly breaching the blocs Digital Markets Act.
Reports indicate Apple is considering offering concessions on its ‘steering’ provisions that stop people from accessing offers outside the App Store. European Regulators had ordered the company to revise the rules within two months or incur a €500 million fine.
Apple Inc. (NASDAQ:AAPL) integrates augmented reality (AR) into its hardware and software, creating a comprehensive ecosystem for AR experiences. It also offers AR-focused hardware like the Apple Vision Pro headset and utilizes AR features in existing devices like iPhones and iPads.
While we acknowledge the potential of AAPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 11 Best Performing Warren Buffett Stocks in 2025 and 12 Best Cryptocurrency and Blockchain Stocks to Buy.
Disclosure: None.
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