In 2025, Apple’s stock has dropped nearly 20%, losing over $750 billion in market value, primarily due to investor dissatisfaction with its AI initiatives. This decline coincided with a public dispute led by Elon Musk, who threatens legal action against Apple if it doesn’t remove OpenAI’s ChatGPT from its top App Store spot, which hinders the visibility of his competitor, Grok. Musk accuses Apple of antitrust violations, claiming its ranking system favors OpenAI, especially following their recent partnership. As ChatGPT holds the top free app position, Grok lags behind at sixth. This confrontation reflects broader scrutiny on Apple for anticompetitive practices, fueled by ongoing regulatory challenges. Although Musk’s claims have sparked debate, critics argue he lacks evidence of deliberate manipulation, underscoring the fierce competition in the AI sector. The outcome could reshape how digital marketplaces manage app rankings and AI technologies, significantly impacting market dynamics.
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