The eye-watering fine is, in fact, the biggest fine ever imposed by the French regulator, and has been issued after the technology giant and two of its wholesalers in the country were revealed to have an unfair agreement to control prices.
Isabelle de Silva, the chief of the French regulator, said: "Apple abusively exploited the economic dependence of these premium resellers on it and imposed unfair economic conditions on them that were worse than those for its integrated network of retailers."
However, Apple says it strongly disagrees with the decision and has signalled its intention to appeal the fine.
Meanwhile, Apple recently announced it's banning apps relating to coronavirus on the App Store.
Tim Cook's firm revealed its plans to ensure all of the apps contain data that is from a "reputable source" in a bid to prevent the spread of misinformation and fake news.
In a statement, the company said: "We're evaluating apps critically to ensure data sources are reputable."
Apple added that it will only approve apps with coronavirus content from "government organisations, health-focused NGOs, companies deeply credentialed in health issues, and medical or educational institutions".