Andre Yoskowitz
28 Dec 2011 2:03
Apple has been fined 900,000 euro today by Italy's anti-trust authority.
The large fine is in regards to Apple's misleading guarantees on its products and on assistance services.
Reads the statement: "Sanctions of a total of 900,000 euros have been imposed on the Apple group after it was found responsible for bad commercial practices that harmed consumers." Apple gave "unclear information on payments for additional assistance offered to consumers" and the company had not "fully implemented the two-year guarantee by the producer," read the complaint.
The fine is minuscule compared for the company which is expected to bring in $22 billion in profits this year alone.