U.S. lawmakers in both parties are expressing concern with how Apple Inc. AAPL -0.94% runs its App Store, leaving the company playing defense against legislation that would loosen its grip on the profitable business.

The Senate Judiciary Committee voted 20-2 this month to advance legislation that could erode the fees Apple collects on digital app revenues. The vote came despite calls to senators by Chief Executive Tim Cook, and the company’s warnings that the bill would hurt user privacy and security.

Apple Inc. Chief Executive Tim Cook took the witness stand Friday in a court battle that could decide a key pillar of his growth strategy for the company, arguing that opening up the iPhone to rival app stores would hinder users.

He came to rebut claims by “Fortnite” creator Epic Games Inc. that the tech giant is a monopolist, in a closely watched case that could reverberate around the world as lawmakers and regulators question the might of the world’s most valuable company.

“We’re not thinking about the money at all, we’re thinking about the user,” Mr. Cook said.

Apple hit a new milestone on Wednesday, becoming the first publicly traded U.S. company to reach a market capitalization of over $2 trillion and doubling in valuation over the last two years.

The iPhone maker’s stock is up almost 55% so far in 2020, and shares have rallied more than 106% since the market hit a low point amid the coronavirus recession on March 23 (compared to the benchmark S&P 500’s gain of 51% over that period).

Tim Cook just gave the FBI the middle finger. Or something close to it.

Let's back up. One of the perpetrators of the December mass shooting in San Bernardino owned an iPhone. That iPhone is locked, and when an iPhone is locked, there's just no way to get inside it. Or, you know, maybe n

Apple CEO Tim Cook publicly confirmed he is gay in an opinion piece published Thursday, making him the highest-profile chief executive to come out.

In an essay published by Bloomberg Businessweek advocating for human rights and equality, Cook says he was inspired by Dr. Martin Luther King to set aside his desire for privacy to do something "more important."

"While I have never denied my sexuality, I haven't publicly acknowledged it either, until now," writes Cook. "So let me be clear: I'm proud to be gay, and I consider being gay among the greatest gifts God has given me."

Apple CEO Tim Cook came out Thursday, acknowledging publicly for the first time that he is gay.

For the first time in years, Apple's iPhones aren't the star of the show. Apple unveiled a smartwatch called the Apple Watch on Tuesday, a wearable device that marks the company's first major entry in a new product category since the iPad's debut in 2010.

The move is significant because of recent questions about whether Apple still has a knack for innovating following the 2011 death of co-founder Steve Jobs.

Apple released its much-anticipated smartwatch Tuesday, the first new device for the company since its founder Steve Jobs died in 2011.

Apple’s splashy new iPhone and AppleWatch rollout was all about big screens and wearable technology, but the new products face serious questions regarding the privacy and security of people’s personal health records.
The company on Tuesday sought to redefine the market for “wearables” — devices that people use to track their fitness and health, and whose technology could ultimately become an integral and profitable part of the U.S. health care system. But exactly what happens to that data is open to question.