Is Apple stock a buy right now given the Fortnite feud?

Invezz

Published

Apple (NASDAQ: AAPL) stock price is trading around 20% off the last week’s highs as the stock market corrects lower. Moreover, Apple’s feud with Epic Games is not helping the stock in the short-term. Fundamental analysis: Fortnite feud may hurt Apple’s business model Apple is involved in one of the most-followed feuds with Epic Games this year, as it attempts to defend its App Store fee structure. Epic Games, the maker of popular video game Fortnite, initiated a “war” against the tech giant last month after launching its own direct payment option.  Both Apple and Google’s Play Store, charge 30%

Full Article