
AAPL: iCloud Outage Raises Concerns—Other Issues Investors Might Want to Know
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AAPL: iCloud Outage Raises Concerns—Other Issues Investors Might Want to Know
On June 24, Apple AAPL faced a widespread iCloud outage, affecting services like Mail, Calendar, Contacts, Photos, and access to iCloud.com. The problems began around 2:36 PM ET and persisted for hours.
Case: 4:19-cv-02033
On June 24, Apple AAPL faced a widespread iCloud outage, affecting services like Mail, Calendar, Contacts, Photos, and access to iCloud.com. The problems began around 2:36 PM ET and persisted for hours, with users reporting sync failures, connection errors, and verification issues.
Although some systems are recovering, the disruption has highlighted vulnerabilities in Apple’s cloud infrastructure at a time when the company is trying to boost confidence around its AI and services strategy.
Other concerns about AAPL that any investor might want to know
Apple has agreed to a $490 million settlement with investors over claims that CEO Tim Cook misled them about falling iPhone demand in China.
You can check more information about it and file for a payout here.