Tag: fines

Apple Slapped On the Wrist. Law Enforcement Lacks Teeth.

Apple Slapped On the Wrist. Law Enforcement Lacks Teeth.

Apple (AAPL) agreed to pay a $113 million fine related to throttling of iPhones. The fine comes with all of the usual B.S. about not having to admit guilt. Apple generated $81 Billion of Operating Cash Flow in the most recent year, thus the fine is meaningless. This government action is without teeth and reminds … Continue reading Apple Slapped On the Wrist. Law Enforcement Lacks Teeth.