doodledup@lemmy.world to Privacy@lemmy.ml · 24 days agoApple hit with $162 million French antitrust fine over privacy toolwww.reuters.comexternal-linkmessage-square29linkfedilinkarrow-up1155arrow-down13file-textcross-posted to: France@europe.pubprivacy@lemmy.dbzer0.com
arrow-up1152arrow-down1external-linkApple hit with $162 million French antitrust fine over privacy toolwww.reuters.comdoodledup@lemmy.world to Privacy@lemmy.ml · 24 days agomessage-square29linkfedilinkfile-textcross-posted to: France@europe.pubprivacy@lemmy.dbzer0.com
minus-squareslazer2au@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down1·24 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-up5·23 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