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Re:Apple files lawsuit against Corellium for iOS emulation by Aloha on Friday August 16, 2019 @08:32AM (#20714482)
Lots of folks do it, no one is tries to make money off of it (or at least stops trying after the initial letters from IBM legal arrives).

Hercules is an interesting case because it's widely rumored to be used inside IBM to run modern System Z releases.

In this case however the company in question isn't just making and selling an emulator you can run iOS on, its selling hosted iOS as a service, which is a clear license violation - just making the emulator and instructions for use available for sale would be quite legal.

Re:Apple files lawsuit against Corellium for iOS emulation by fragmede on Friday August 16, 2019 @11:19AM (#20716038)
The Psystar case (or at least, my read of Apple's opinion of that situation), implies that Apple (circa early 2000s) considers making such an emulator available would not legal.
Re:Apple files lawsuit against Corellium for iOS emulation by Aloha on Friday August 16, 2019 @09:09PM (#20721235)
The issue with the Psystar people was they were selling configured systems loaded with software, not a kit the end user would assemble themselves.