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Apple Seeks Supreme Court Review Amid Epic Antitrust Case

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AAPL
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Apple (AAPL) has taken its Epic antitrust case to the US Supreme Court, seeking review of a 2025 California contempt ruling. The company is contesting a disputed 27% commission on App Store sales, which was at the heart of the original lawsuit.

The move comes as Apple unveiled its latest iPhone lineup, including the highly anticipated iPhone Duo, a foldable phone with a 7.6-inch inner display and a 5.4-inch outer screen. The base price for this model is $1,999, although higher memory configurations may impact margins and demand.

Analysts point to Apple's growing Services revenue as a key driver of the company's stock performance, with some predicting future earnings upgrades will further boost share prices. Meanwhile, traders note steady near-term iPhone demand, although interest in the new Duo model is expected to increase mid-October.

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