Apple in Court and Outperforming Expectations

Apple Inc. (NASDAQ:AAPL) is at the center of multiple stories in the tech world, including a lawsuit with OpenAI and mixed earnings results.

OpenAI has filed a motion to dismiss a trade secrets lawsuit brought against it by Apple. The motion claims that OpenAI has no use for Apple's proprietary information and is building something entirely new and different from anything at Apple.

Meanwhile, Apple reported its fiscal third-quarter revenue at $109.42 billion, surpassing analyst estimates of $108.65 billion. Additionally, the company reported earnings of $2.02 per share for the quarter, beating estimates of $1.89 per share.