Apple suffered a major blow in its bid to alleviate one of Jim Cramer's biggest worries about the tech giant: its legal fight with Fortnite maker Epic Games. A U.S. appeals court late Wednesday rejected Apple's plea to halt mandated changes to its App Store that the company has warned could cost it "substantial sums." "Apple's had a bad streak. This is just more negativity," Jim said Thursday. Shares of Apple fell about 0.7% in Thursday's session, trading slightly above $201 apiece. The stock is down roughly 19% so far this year. The ruling Wednesday evening marked the latest setback for Apple in its long-running legal battle with Epic Games, which first sued the iPhone maker in 2020 in an attempt to force Apple to loosen its grip on purchases in apps that utilize its iOS operating system.

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