• Apple Inc AAPL looks to appeal a Brazilian order banning it from selling iPhones without a battery charger, contesting the claims of selling an incomplete product, Reuters reports.
  • The Justice Ministry penalized Apple 12.275 million reais ($2.38 million) and ordered it to cancel sales of the iPhone 12 and newer models, in addition to suspending the sale of any iPhone model that does not come with a charger.
  • The ministry argued that the iPhone lacked an essential component in a “deliberate discriminatory practice against consumers.”
  • They rejected Apple’s argument that the practice aimed to reduce carbon emissions.
  • Apple is likely to announce its new iPhone model.
  • Reports suggested that the iPhone enhancements would be more modest than mind-blowing for the second year in a row.
  • provisional EU agreement mandated smartphones and tablets to use a standard USB- C charger. 
  • The agreement involved 15 product types: headsets, video-game consoles, and headphones.
  • Companies like Apple will be bound to make phones, tablets, e-readers, and digital cameras compatible with a USB-C charger.
  • Brussels pushed for a single mobile charging port for over ten years after complaints from Apple iPhone and Alphabet Inc (NASDAQ: GOOG) GOOGL Android users.
  • Price Action: AAPL shares traded higher by 0.36% at $155.08 in the premarket on the last check Wednesday.

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