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by Julie CHARPENTRAT / with Rob Lever in Washington Agence France Presse San Francisco, United States (AFP)– Apple delivered stronger-than-expected results Tuesday for the past quarter as gains in services helped offset slumping iPhone sales, sparking a rally in shares of the technology giant. California-based Apple reported a 16 percent drop in profits in the just-ended quarter to $11.6 billion, as overall revenues dipped five percent to $58 billion. Apple shares rallied five percent in […]
by Glenn CHAPMAN SAN FRANCISCO, United States (AFP) — A US trade judge ruled Tuesday that Apple had violated a Qualcomm chipmaker patent and said she would recommend banning imports of some iPhones. International Trade Commission administrative law specialist MaryJoan McNamara wrote that she would be recommending a “limited exclusion order together with a cease and desist order” against Apple. The company will not be required to post a bond while the order is reviewed […]
The US warned Tuesday it was considering a complaint at the World Trade Organization over “discriminatory” new taxes on American digital giants such as a Facebook and Google planned by France and other EU nations. “We think the whole theoretical basis of digital service taxes is ill-conceived and the effect is highly discriminatory against US-based multinationals,” Chip Harter, a Treasury official and US delegate for global tax talks, said in Paris. Speaking ahead of two […]
by Glenn CHAPMAN Agence France Presse SAN FRANCISCO, United States (AFP) — Apple said Tuesday that profits held steady in the most recent quarter, with revenue growth in music, movies, apps and other services offsetting slumping iPhone sales, sparking a rally in shares of the California tech giant. Profit in the final quarter of last year was $20 billion, a dip of less than one percent, on revenue of $84.3 billion even as money from […]
SAN FRANCISCO, United States (AFP) — A newly discovered FaceTime bug lets people hear and even see those they are reaching out to on iPhones even if the other person hasn’t answered their phone. When a phone number is dialed on FaceTime — the iPhone’s internet-based voice and video calling feature — the caller can swipe up from the bottom of the screen and tap an option to add a person, according to video […]
by Glenn CHAPMAN Agence France Presse SAN FRANCISCO, United States (AFP) — Apple is aiming to show it can do more than just make iPhones in a quarterly update Tuesday for investors who are skeptical over whether the culture-changing company can regain the momentum from its glory days. In recent weeks, Apple shares have been hammered on concerns that its best days are over, with smartphone sales slipping and no new “big thing” on the […]
SAN FRANCISCO, United States (AFP) — Apple acknowledged Thursday that it has trimmed its team devoted to self-driving car technology but stressed that its still in the race. Apple’s comment came in response to a CNBC report that the staff of a secretive Project Titan was reduced this week by more than 200 people, some of whom were transferred to jobs elsewhere at the California-based technology group. “We have an incredibly talented team working on […]
WASHINGTON, United States (AFP) — Apple chief executive Tim Cook called on US lawmakers Thursday to pass privacy legislation enabling consumers to see and delete their harvested online personal data from a central clearinghouse. Cook, writing in Time magazine, offered his view as the US Congress was set to consider tougher enforcement of privacy and data protection for online platforms. Several lawmakers and activist organizations have proposed data privacy measures, some of which contain elements […]
NEW YORK, United States (AFP) — Shares of Apple nudged higher on Tuesday after Chief Executive Tim Cook touted the company’s technology pipeline and characterized worries about the company’s future as overwrought. Cook, in an interview with CNBC just six days after a sales warning sent shares skidding, highlighted a “culture of innovation” that he predicted would keep Apple a major force in technology. “In terms of the naysayer, I’ve heard this over and over […]
by Ben PERRY Agence France-Presse NEW YORK, United States (AFP) — Stock markets retreated Thursday as China’s slowing economy forced Apple to slash its revenue forecast, wiping around $75 billion from the company’s value and denting global investor sentiment. Apple late on Wednesday cut its revenue outlook for the latest quarter, citing steeper-than-expected “economic deceleration” in China and emerging markets, factors that have contributed to sharp falls across stock markets since late last year. Sentiment […]
SAN FRANCISCO, United States (AFP) — Apple cut its revenue outlook for the latest quarter Wednesday, citing steeper-than-expected “economic deceleration” in China and emerging markets. The rare revenue warnings from Apple suggested weaker-than-anticipated sales of iPhones and other gadgetry, in part because of trade frictions between Washington and Beijing. Apple shares slid some 7.6 percent in after-hours trade on the news. The company slashed its revenue guidance for the first fiscal quarter of 2019, […]
BERLIN, Germany (AFP) — US chipmaker Qualcomm said Thursday it had fulfilled the requirements set out by a court in a patent dispute case against Apple to ban the sale of older iPhone models in Germany. The court in the German city of Munich had ruled in favor of Qualcomm last month but said an injunction banning sales of affected iPhones could only be imposed immediately if the company put down a security deposit. “(Qualcomm) […]
