Apple Faces Potential Multi-Billion Dollar Setback in India
27.11.2025 - 11:31:04Apple US0378331005
While Apple stands on the verge of a landmark achievement—potentially dethroning Samsung as the world’s top smartphone vendor by volume next year—this potential victory is shadowed by a significant legal challenge emerging from India. The looming dispute threatens to impose a colossal financial penalty on the tech behemoth, causing investors to question whether this legal hurdle could stall the stock’s positive momentum.
Amidst the external legal pressures, Apple is taking internal measures to bolster profitability. In a move considered unusual for the company, it has initiated targeted job cuts within its sales division. Reports indicate that teams handling large corporate accounts and government contracts are primarily affected. Read more...
