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Method__Man t1_j0wndzc wrote

thats like someone stealing a penny from me

87

yParticle t1_j0wqupp wrote

Paris court handing down the verdict complete with Dr. Evil pinkie.

"Oh, and 12B in sales tax."

21

frakkintoaster t1_j0x66n4 wrote

Company with $48 billion cash on hand: "ok"

42

Boo_Guy t1_j0xwvyb wrote

Smithers, my wallet is in my right front pocket.

3

-The_Blazer- t1_j0yudw4 wrote

This is nothing, but if the EU gets involved the fines could be as high as 4% of total global revenue.

2

eeeeeeeeeepc t1_j0x04qv wrote

After reading the article, I don't know which specific practices were deemed illegal.

18

Deertopus t1_j0zb6dq wrote

Abusive practices enabled by the app store monopoly.

−2

runsonpedals t1_j0xjdxi wrote

So basically an accounting rounding error

10

Correct-Med5992 t1_j0wv2ur wrote

That’s like someone stealing half a penny from me

5

Mike20172018 t1_j0xhxfj wrote

Apple be like:

“Oh no. Anyway…”

4

Malf1532 t1_j0wttw0 wrote

And then they made back in about 4 hours.

2

TheTanelornian t1_j0x5sjw wrote

Apple profit (not revenue) last quarter was $20.7B

So for ~90 days they made 230 million dollars per day

So for each hour they made 9.5 million dollars per hour

So 1M euros (=1.06M$) took them 0.11 hours

... or about 7 minutes, if you round up.

At some point Apple's going to have to start buying more couches to stuff money down the back of to pay these piddling little fines, or "the cost of doing business" as it's known...

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megatron199775 t1_j0xestm wrote

Every company getting fined these last couple of days. Damn

2

Background_Dream_920 t1_j0yzkpt wrote

Hope they can recover. What a waste of time.

2

Deertopus t1_j0zbdds wrote

The money isn't the real punishment.

Now it creates a precedent and puts the app store monopoly in question, which Apple can't be happy about.

0

[deleted] t1_j102p17 wrote

Or they can say we've been investigated and they found only minor issues that we've fixed since then. We also paid the million dollar fine so we really learned out lesson

1

Blackbyrn t1_j0xjdfw wrote

In the time it took you to read this headline they’ve made that and more. If a fine don’t hurt it’s meaningless

1

UNLEASHTHEFURY8 t1_j0yat39 wrote

A whole 1 million euros - they'll have to cry themselves to sleep with the 250M they made that day.

1

cthomp415 t1_j0z7r1c wrote

That is the equivalent of charging an average US citizen about $3.60 for continuing to commit a crime for an entire year.

1

bordumb t1_j0zpqrp wrote

That’s like 0.002% of the cash they have on hand.

1

plopseven t1_j0zwpcf wrote

It probably cost more to file this lawsuit than the actual fine. That doesn’t seem very effective.

1

[deleted] t1_j0zzr0g wrote

Now please if you could pay the fine in iPhones

1

Dredly t1_j0wwfeb wrote

Oh no.... anyway....

−2

Tedstor t1_j0wzwy2 wrote

I guess when you don’t have a domestic tech industry, the next best thing is to fine everyone else’s.

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