rtmark
LearnBonds.com

Apple Inc. (AAPL) Shells Out $2499 To Remove Apple.SUCKS From The Web

Apple Inc. beats music

Try typing Apple.sucks into the address bar. Your browsers should return with nothing. That’s because Apple Inc. (NASDAQ: AAPL) CEO Tim Cook, or more likely somebody much lower down the food chain, decided to pay $2499 in order to remove that domain from the internet.

Apple Inc. (NASDAQ:AAPL) watch tim cook launch

Sites ending in .sucks are being offered by Vox Populi. CEO John Berard says that they allow a company to meaningfully interact with its customers. Many of the companies involved have argues that the way in which the auction of .sucks domains has been handled violates the terms under which the ICANN operates.

Intellectual property protest .sucks

The intellectually property owners have a problem with this, however. Vox Populi allows companies to buy up the domains for $2499 each, but intends to charge just $9.99 after a so-called Sunrise period ends.

That means that companies that don’t buy into the project quickly could see, for example, Pepsi.sucks operated by Coca Cola, or, had they not invested, Apple.sucks operated by Microsoft Corporation (NASDSQ: MSFT).

The president of ICANN’s Intellectual Property Constituency president Gregory S Shatan sent an official letter of complaint to ICANN arguing that the .sucks domain names were being marketed in bad faith. According to the letter, Vox Populi is charging prices that are far too high according to the letter, and it is offering the domain names in bad faith.

ICANN in turn sent a letter to the Federal Trade Commission regarding the domain registrations. The agency is looking for clarification on the legal implications of the .sucks domain. Meanwhile companies like Apple have, according to reports, already snapped up the domains in order to protect themselves from a damaging site associated with their brand.

ICANN stands to make quite a lot of money off of the .sucks domain name sale itself. The agency will receive $100,000 up front and an additional $1.00 for each of the first 900,000 transactions.

Apple Inc. .sucks

Apple has already bought up the Apple.sucks domain rights and it’s no surprise. The Cupertino company is the single most media savvy and marketing-aware company on the planet. Marketing boss Phil Schiller has created an image of Apple that won’t leave the popular imagination and one that has fueled the company’s growth into the single biggest public firm on the planet.

The minds behind some of the most successful marketing campaigns of all time aren’t going to leave Apple.sucks in the wild. $2499 is a small price to pay for just about anything in Cupertino.

Trusted & Regulated Stock & CFD Brokers

Rating

What we like

  • 0% Fees on Stocks
  • 5000+ Stocks, ETFs and other Markets
  • Accepts Paypal Deposits

Min Deposit

$200

Charge per Trade

Zero Commission

Rating

64 traders signed up today

Visit Now

75% of investors lose money when trading CFDs.

Available Assets

  • Total Number of Stocks & Shares5000+
  • US Stocks
  • German Stocks
  • UK Stocks
  • European
  • ETF Stocks
  • IPO
  • Funds
  • Bonds
  • Options
  • Futures
  • CFDs
  • Crypto

Charge per Trade

  • FTSE 100 Zero Commission
  • NASDAQ Zero Commission
  • DAX Zero Commission
  • Facebook Zero Commission
  • Alphabet Zero Commission
  • Tesla Zero Commission
  • Apple Zero Commission
  • Microsoft Zero Commission

Deposit Method

  • Wire Transfer
  • Credit Cards
  • Bank Account
  • Paypall
  • Skrill
  • Neteller

Rating

What we like

  • Sign up today and get $5 free
  • Fractals Available
  • Paypal Available

Min Deposit

$0

Charge per Trade

$1 to $9 PCM

Rating

Visit Now

Investing in financial markets carries risk, you have the potential to lose your total investment.

Available Assets

  • Total Number of Shares999
  • US Stocks
  • German Stocks
  • UK Stocks
  • European Stocks
  • EFTs
  • IPOs
  • Funds
  • Bonds
  • Options
  • Futures
  • CFDs
  • Crypto

Charge per Trade

  • FTSE 100 $1 - $9 per month
  • NASDAQ $1 - $9 per month
  • DAX $1 - $9 per month
  • Facebook $1 - $9 per month
  • Alphabet $1 - $9 per month
  • Telsa $1 - $9 per month
  • Apple $1 - $9 per month
  • Microsoft $1 - $9 per month

Deposit Method

  • Wire Transfer
  • Credit Cards
  • Bank Account
Users should remember that all trading carries risks and users should only invest in regulated firms. Views expressed are those of the writers only. Past performance is no guarantee of future results. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. This website is free for you to use but we may receive commission from the companies we feature on this site.
Avatar