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Apple is facing legal battles in the US and EU for maintaining a monopoly, while sales fall in China as the iPhone competes with Huawei's Mate 60 Pro.

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A photo of Tim Cook at the 2024 Oscars
Apple CEO Tim Cook wears a black tuxedo to the 2024 Oscars
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Composite image of Microsoft CEO Satya Nadella, left, and Apple CEO Tim Cook
Microsoft CEO Satya Nadella and Apple CEO Tim Cook.
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Tim Cook sitting on a red chair in front of a black background with his hand held together
Apple CEO Tim Cook is battling issues in the US, China, and Europe.
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Apple CEO Tim Cook at the opening of Shanghai's new Apple retail store in Shanghai on March 21, 2024.
Apple CEO Tim Cook at the opening of Shanghai's new Apple retail store in Shanghai on March 21, 2024.
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A large white Apple logo is illuminated above people sitting at wooden tables inside an Apple store
The US DOJ launched a lawsuit against Apple, accusing the tech giant of using anti-competitive tactics to dominate the smartphone market. 
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Tim Cook smiling
Apple CEO Tim Cook.
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Apple CEO Tim Cook talks to an employee at a solar park in Hanstholm, Denmark.
Apple CEO Tim Cook.
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March 10: Apple CEO Tim Cook arriving on the red carpet at the 96th Annual Academy Awards in Dolby Theatre at Hollywood & Highland Center in Hollywood, CA.
Apple CEO Tim Cook.
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Apple CEO Tim Cook talks to an employee at a solar park in Hanstholm, Denmark.
Apple CEO Tim Cook talks to an employee at a solar park in Hanstholm, Denmark.