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Apple Inc. (AAPL)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

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146.69-2.31 (-1.55%)

As of 11:28AM EDT. Market open.

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Reuters
Apple's iPhone expected to drive sales, but App Store faces regulatory risk
Strong sales of 5G iPhones and services such as the App Store and Apple Music are expected to drive growth at Apple Inc, which reports results on Tuesday, but some investors will be listening to the company's strategy to ward off anti-trust foes. The services business faces lawsuits, regulatory scrutiny, including from an empowered U.S. Department of Justice, and a raft of pending legislation in the United States and Europe to lower its commissions on apps and make other changes. "We believe government action (via antitrust, executive order, and legislation) represents the single greatest risk for shares of Apple," Tom Forte, an analyst at D.A. Davidson & Co, wrote in a note to clients, adding that he hoped Apple's executives would address the risks on the company's earnings call on Tuesday.