Apple is on the verge of becoming a $5 trillion company based on market capitalization, which is the total value of all of the company's outstanding shares.

Apple's stock closed at $336.91 today, up around 22.5% since late June. The company's market cap is now around $4.94 trillion, although this figure is not precise due to the company buying back shares over time.

Apple is once again the world's most valuable public company, having surpassed Nvidia.
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Starting today, the popular podcast platform Pocket Casts is available on all Apple TV 4K and Apple TV HD models. The app was already available on the iPhone, iPad, and Apple Watch.

"Your podcasts, your Up Next, your place in every episode, right on the screen in front of you," said Pocket Casts, in a blog post. "Start something on your phone at the bus stop. Finish it on the couch that night, exactly where you left it. Nothing to re-find. Nothing to sync by hand."
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AppleCare+ with Theft and Loss plans for the iPad and Apple Watch will be available starting Tuesday, August 4 in four additional countries, including Australia, France, Germany, and the United Kingdom.


These plans provide coverage for up to two incidents of theft or loss every 12 months, with each incident subject to a service fee.

AppleCare+ with Theft and Loss was already available for the iPhone in these countries. In the U.K., for example, AppleCare+ with Theft and Loss for an iPhone 17 Pro costs £11.99 per month or £239 upfront. If the iPhone were to be lost or stolen, you would be required to pay an additional service fee of £109 per incident.

The standard AppleCare+ benefits are included with the Theft and Loss plans too, including repairs for accidental damage and 24/7 priority tech support.

AppleCare One is launching in the same four countries on August 4 as well.
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Apple today announced that AppleCare One will be available in Australia, France, Germany, and the U.K. starting Tuesday, August 4.


Introduced in the U.S. last year, AppleCare One covers up to three devices as part of a single monthly subscription, and the total cost can be lower than multiple AppleCare+ plans. In the U.K., for example, Apple says customers can save up to £11.48 per month compared to paying for three separate AppleCare+ with Theft and Loss plans.

AppleCare One includes all AppleCare+ benefits, including unlimited repairs for accidental damage subject to a fee per incident, 24/7 priority tech support, and theft and loss protection for the iPhone, iPad, and Apple Watch.

Depending on the country, customers can sign up for AppleCare One on Apple.com or at an Apple Store. Those who already have an AppleCare+ plan can also sign up directly in the Settings app on their iPhone, iPad, or Mac.

Existing devices that are up to four years old can be added to an AppleCare One plan, provided they are in good condition. A diagnostic check may be required. Additional devices beyond the three included can be added to the plan for an additional cost per month, per device, with most of the various fees outlined below.

Country	Base Price	Additional Device	Repair Deductible	Advertised Savings
Australia	$29.99/month	$8.99/month	$45 to $149	Up to $18.48/month
France	€20.99/month	€5.99/month	€29 to €99	Up to €13.48/month
Germany	€20.99/month	€5.99/month	€29 to €99	Up to €13.48/month
United Kingdom	£16.99/month	£4.99/month	£25 to £79	Up to £11.48/month

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Apple is facing a new lawsuit from three customers who allegedly lost a combined $1.8 million after falling victim to a fake Bitcoin wallet app in the App Store, according to a complaint filed in California federal court on Friday.


The complaint alleges that Apple violated California's Consumers Legal Remedies Act and other laws by failing to adequately review and monitor apps distributed through the App Store, despite marketing it as "a safe and trusted place to discover and download apps." Due to these assurances in Apple's marketing, the complaint said the plaintiffs trusted that a Sparrow Wallet app they downloaded from the App Store on iOS was legitimate, when in reality it was a fraudulent spoof designed to steal Bitcoin from users.

Sparrow Wallet is only available on Windows, macOS, and Linux. The popular Bitcoin wallet is not available on iOS, but scammers have released fake lookalike apps in the App Store that can trick users into giving up control of their funds.

"Users found their accounts had been wiped out and their cryptocurrency assets transferred to the scammers' private wallets," the complaint says. "This fraud succeeded precisely because Apple exploited the consumer trust it had deliberately cultivated through more than a decade of marketing the App Store as a uniquely safe and trusted environment."

The plaintiffs James Ramirez, Christopher Ellis, and Jalen Delgado had Bitcoin amounts that were worth approximately $875,000, $840,000, and $120,000 respectively stolen via the app from May to August of 2025, according to the complaint.

Even when victims reported fraud, the lawsuit alleges that Apple often took little to no action, and it says other fake Sparrow apps remain in the App Store.

Sparrow Wallet developer Craig Raw has publicly addressed Apple's slow response to multiple fake versions of his app appearing in the App Store. In a January 2024 social media post, for example, he said "there is still a scam 'Sparrow Wallet' app on the @Apple App Store, despite myself and others having reported it weeks ago."

Last month, Raw said his attempt at protecting users by submitting a "placeholder" app to the App Store that contained marketing screenshots stating that Sparrow Wallet is a desktop app only resulted in his Apple Developer account being flagged for termination due to "dishonest activity." Apple later reversed this decision.

The plaintiffs are seeking damages, including reimbursement of all funds wrongfully lost through the fraudulent Sparrow Wallet app.

Update — July 27 at 5:30 a.m. Pacific Time: In response to our request for comment, Apple said it has taken swift action to remove any apps impersonating Sparrow Wallet on the App Store and to terminate developer accounts associated with those apps.

Apple said developers who suspect that content available on an Apple service infringes on their intellectual property rights can submit a dispute form to Apple's legal department, and customers can report App Store scams or frauds too. Apple says it takes immediate action against apps that do not comply with its guidelines.

Apple previously announced that it terminated 193,000 developer accounts over fraud concerns and prevented over $2.2 billion in potentially fraudulent transactions in 2025.
This article, "Apple Responds to Lawsuit Over Fake Bitcoin Wallet Scam in App Store" first appeared on MacRumors.com

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