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But we saved everything 🙂.
Susan Li highlights that if a deal is delayed until June 2027, a $1.6 billion ticking fee will apply.
She adds that if the deal is terminated, there will be a $7 billion termination fee.
Susan Li previously reported that Apple filed a lawsuit against OpenAI and one of its executives over alleged trade secret theft. She also noted that Apple has raised MacBook and iPad prices by up to 25 percent, while keeping iPhone prices stable. These developments provide additional context to the ongoing negotiations and potential financial obligations discussed in her latest update.