Chitchat Apple fucked by Incredible India for USD38BIL Fine = 3 Years Export Value of Apple!

[Pinkieslut]

Tech

Apple is challenging India's antitrust body over a potential $38 billion fine​

Published Thu, Nov 27 20256:00 AM ESTUpdated Thu, Nov 27 20257:36 AM EST

Priyanka Salve
Key Points

• Apple is challenging India's antitrust law under which it could incur a $38 billion fine.
• The company filed a case against the country's antitrust regulator in Delhi High Court on Wednesday.
• It said it was "grossly disproportionate" for India to consider turnover when calculating penalties, Reuters reported.

The first day of sale of the iPhone 15 smartphone in Mumbai, India, on Sept. 22, 2023.
Dhiraj Singh | Bloomberg | Getty Images
Apple has filed a case in the Delhi High Court against the country's antitrust body because of how it considers global turnover when calculating penalties.

The iPhone maker, which is among the fastest-growing smartphone brands in India, is challenging India's new antitrust law under which the U.S. company could face fines of up to $38 billion, according to a report by Reuters.


Apple added that it was "unconstitutional, grossly disproportionate, unjust" for the Competition Commission of India (CCI) to use turnover when calculating penalties.

Apple did not immediately respond to a request for comment from CNBC.

The CCI has been investigating complaints from an alliance of Indian startups and Tinder-owner Match Group that accuse Apple of "abusive conduct," which forces developers to pay high commissions for in-app purchases.

Apple denied the charges.

The CCI's final verdict is still pending, but it said its "prima facie view [is] that mandatory use of Apple's IAP for paid apps and in-app purchases restricts the choice available to the app developers to select a payment processing system of their choice," in an order in December 2021.


Apple recorded its highest-ever quarterly shipments in India of 5 million units in the third quarter of 2025, according to data from IDC.

watch now
VIDEO03:06
IDC: Apple still has room to grow in the India smartphone market

The company is expected to sell about 15 million iPhones in India this year and could rank among the top five smartphone companies there, Navkendar Singh, associate vice president with IDC India, on Nov. 18.

Apple is among the global companies diversifying their manufacturing supply chains away from China to India. In 2024, Apple's exports from India hit a record of $12.8 billion, up more than 42% from a year earlier.

 

[supreme]

Tech

Apple is challenging India's antitrust body over a potential $38 billion fine​

Published Thu, Nov 27 20256:00 AM ESTUpdated Thu, Nov 27 20257:36 AM EST

Priyanka Salve
Key Points

• Apple is challenging India's antitrust law under which it could incur a $38 billion fine.
• The company filed a case against the country's antitrust regulator in Delhi High Court on Wednesday.
• It said it was "grossly disproportionate" for India to consider turnover when calculating penalties, Reuters reported.

The first day of sale of the iPhone 15 smartphone in Mumbai, India, on Sept. 22, 2023.
Dhiraj Singh | Bloomberg | Getty Images
Apple has filed a case in the Delhi High Court against the country's antitrust body because of how it considers global turnover when calculating penalties.

The iPhone maker, which is among the fastest-growing smartphone brands in India, is challenging India's new antitrust law under which the U.S. company could face fines of up to $38 billion, according to a report by Reuters.


Apple added that it was "unconstitutional, grossly disproportionate, unjust" for the Competition Commission of India (CCI) to use turnover when calculating penalties.

Apple did not immediately respond to a request for comment from CNBC.

The CCI has been investigating complaints from an alliance of Indian startups and Tinder-owner Match Group that accuse Apple of "abusive conduct," which forces developers to pay high commissions for in-app purchases.

Apple denied the charges.

The CCI's final verdict is still pending, but it said its "prima facie view [is] that mandatory use of Apple's IAP for paid apps and in-app purchases restricts the choice available to the app developers to select a payment processing system of their choice," in an order in December 2021.


Apple recorded its highest-ever quarterly shipments in India of 5 million units in the third quarter of 2025, according to data from IDC.

watch now
VIDEO03:06
IDC: Apple still has room to grow in the India smartphone market

The company is expected to sell about 15 million iPhones in India this year and could rank among the top five smartphone companies there, Navkendar Singh, associate vice president with IDC India, on Nov. 18.

Apple is among the global companies diversifying their manufacturing supply chains away from China to India. In 2024, Apple's exports from India hit a record of $12.8 billion, up more than 42% from a year earlier.

Typical india scanmers by govt. Modi is a cheat and liar. Samsung, ibm, hua wei, apple, even SIA all got cheated by this snake. They lure all the investments with fake promises of huge market potential , reduce their own unenployment problems and once u are successful they would turn around and accuse u of tax violations, labour violations etc etc. And fine u billions . Isnt this a scam? Anyway good riddance to all these companies for believing in incredible india . Truly incredible at double speak

 

[Pinkieslut]

Typical india scanmers by govt. Modi is a cheat and liar. Samsung, ibm, hua wei, apple, even SIA all got cheated by this snake. They lure all the investments with fake promises of huge market potential , reduce their own unenployment problems and once u are successful they would turn around and accuse u of tax violations, labour violations etc etc. And fine u billions . Isnt this a scam? Anyway good riddance to all these companies for believing in incredible india . Truly incredible at double speak

Incredible India can also help Apple backfill its executives with Uptron CECA talents:

Apple is suffering a brain-drain problem with big exec departures​

by Luke Hopewell
8 December 2025

Apple CEO Tim Cook might start to notice a few empty chairs around his boardroom table shortly, as executives drop like flies from the world's richest tech company.

In the last 24 months - with a rapid acceleration in the last six months - Apple has lost more than a handful of its senior leadership talent.

Carol Surface, Chief People Officer

Jeff Williams, Chief Operating Officer

Dan Riccio, SVP, Hardware Engineering

John Giannandrea, SVP, Machine Learning and AI Strategy

Lisa Jackson, SVP, Environment, Policy and Social Initiatives

Steve Dowling, SVP, Communications

Katherine Adams, SVP, Legal and Global Security

Those are some heavy hitters to lose all at once. Considering Apple is a company that prides itself on hardware design, security, environmental leadership and how it locks itself down to keep all communications tight as a drum, losing all the folks responsible for those activities is a bad beat.

Similarly, compared to its competitors like Google and Meta, Apple is currently struggling on its mission to bring AI to the forefront of its customer experience. The loss of its head of AI isn't going to make matters easier for the company, then.

These departures are backlit by the tenure of its CEO, Tim Cook. Cook, who succeeded Steve Jobs after his death in 2011, is reportedly considering hanging it up in 2026 to make way for a new man at the top in 2026.

It's now being reported that Apple's head of chips is set to depart to "continue his career elsewhere".

To give you an idea of his significance at the tech giant, Apple is currently sitting pretty thanks to its A-series and M-series chips. The latter series of chips currently powers its laptops and a few iPads. The company ditched Intel chips in favour of its own design, and it put Apple generations-ahead of the competition.

While the brain drain at the top is yet to show up in the share price, it might be an alarm bell for investors going into 2026.