Apple Faces Indian Probe Over iOS 18 Issues
Apple Inc., whose shares are trading at $333.84 after a modest gain today, is facing an investigation by India's consumer regulator over complaints that the iOS 18 update caused significant screen and microphone malfunctions on iPhones.
The inquiry focuses on potential violations of consumer rights in Apple's software warranty terms, which raises both legal and reputational risks for the company in a key market.
AAPL/USD is trading in a strong bullish structure, with the price expected to stay within the $325.48 to $342.2 range, although overbought signals suggest a potential near-term pullback.