doodledup@lemmy.world to Privacy@lemmy.ml · 3 days agoApple hit with $162 million French antitrust fine over privacy toolwww.reuters.comexternal-linkmessage-square30fedilinkarrow-up1155arrow-down10file-textcross-posted to: privacy@lemmy.dbzer0.com
arrow-up1155arrow-down1external-linkApple hit with $162 million French antitrust fine over privacy toolwww.reuters.comdoodledup@lemmy.world to Privacy@lemmy.ml · 3 days agomessage-square30fedilinkfile-textcross-posted to: privacy@lemmy.dbzer0.com
minus-squareslazer2au@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down1·2 days agoNot even a slap on the wrist Apple made $33B in revenue in Europe for the last quarter of 2024. That is about $2B a week or $360M a day. The fine of $160M by the French gov is not even half a day of European revenue.
minus-squareporous_grey_matter@lemmy.mllinkfedilinkarrow-up5·2 days agoThat’s roughly the equivalent of a $100 fine for someone who makes 75k
Not even a slap on the wrist
Apple made $33B in revenue in Europe for the last quarter of 2024. That is about $2B a week or $360M a day.
The fine of $160M by the French gov is not even half a day of European revenue.
That’s roughly the equivalent of a $100 fine for someone who makes 75k