The electronics titans square off in a tangled tale of mobile technology, centered on Apple's iPhone
The settlement hinges on the success or failure of the company's appeal of a ruling that found it conspired with publishers to fix prices.
Apple will help consumers say buh-bye to plastic credit cards with the NFC-enabled iPhone 6, iPhone 6 Plus, and Apple Watch using its new mobile payment service Apple Pay.
Advance orders began online at 12 a.m. PT on Friday, but the online Apple Store still wasn't back up two hours later. And some other preorder sites had hiccups, including Sprint and T-Mobile.
An external monitor will be in place for two years to ensure that Apple complies with the court's orders. But the judge excluded other remedies the government had suggested.
After the Justice Department revised proposals to reform Apple following its e-books conspiracy conviction, the company calls the latest remedies a "broadside" favoring rival Amazon.
The US Department of Justice says it's willing to cut the length of an injunction against Apple in half to five years but says having an external monitor is required.
The tech giant's potential purchase could help it compete in an area dominated by Amazon's prized e-book business, according to TechCrunch.
A U.S. judge shies away from the government's calls for an external monitor to keep tabs on Apple, but suggests staggering publisher deals to prevent collusion and slaps Apple's wrist for not being contrite.
Analysts weigh in on Apple's announcements, and unsurprisingly, most are happy about what the company unveiled Tuesday.
The settlement comes less than a month before the scheduled beginning of the trial, in which $840 million in damages was sought from Apple.