The news that a new autumn launch will be held at 10:00 a.m. local time on September 15 (1:00 a.m. Beijing time on September 16) failed to boost Apple’s share price. On Tuesday local time, the U.S. stock market continued the downward trend of last week, and fell again across the board. Apple shares closed at $112.82, down $8.14, or 6.73%. Since hitting a high of $137.98 on September 2, Apple’s share price has fallen by more than 15% in the recent three trading days, and its total market value has also fallen below $2 trillion, currently $1929.5 billion. < / P > < p > in addition to being affected by the general trend of the U.S. stock market, the lawsuit dispute with Epic Games, the game developer of fortrite, has made apple’s share price worse. On Tuesday, apple filed a counterclaim against Epic Games, accusing the game company of violating its contract with apple and seeking damages. However, it is not clear how much apple is demanding compensation from the other party. In a filing filed with the Northern District Court of California, apple said: “while Epic Games portrays itself as a modern company called Robin Hood, it is actually a multi billion dollar company and does not want to pay anything for the huge profits it makes from the app store app store.” The dispute between the two parties began on August 13. At that time, Epic Games released a version of Fortress night in the Apple App Store app store, which allowed users to pay Epic Games directly for content in the game, instead of giving apple a 30% commission as before. < / P > < p > then, apple removed the game, and Epic Games quickly sued apple. On August 28, apple suspended its developer account for Epic Games, which meant that Epic Games could not create new apps or update fortress night on Apple’s platform. In its counterclaim filed on Tuesday, apple further requested the court to pursue Epic Games’ breach of contract and other liabilities, require the other party to return all fees charged by fortress night through its payment system, and hope that the court will issue a permanent injunction prohibiting Epic Games from using external payment mechanisms in all applications, including fortress night. < / P > < p > “Epic Games made more than $600 million in profits from the app store app store.” Apple said in a court filing. Epic Games argues that Apple has suppressed free-market competition and demanded the restoration of the right to use fortress night in the app store app store and restore its developer account. The company’s move to ban and kill Apple’s game companies caused a backlash. If the entire game industry boycotts apple, it will have a significant impact on its performance.

, coupled with novel coronavirus pneumonia, may start producing the first batch of 5GiPhone in mid. This schedule is significantly behind Apple’s regular schedule in the past few years, when Apple started mass production of new products released in September in August. Earlier this year, apple initially ordered about 100 million iPhone parts, but after the outbreak, it reduced its target to about 80 million. Goldman Sachs, an investment bank, maintains its rating on apple at “sell” and believes that there is still more than 30% room for Apple’s share price to fall. “Apple’s growth rate is not enough to support its high premium to the S & P 500,” Goldman Sachs analyst rod Hall said in a note to clients. Global Tech

By ibmwl