Tag: Apple

Apple cuts outlook, sees ‘challenges’ in China, emerging markets

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, ended […]

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Apple risks iPhone ban in Germany after court case loss

by Hui Min NEO Agence France Pressse BERLIN, Germany (AFP) — A German court on Thursday ruled in favour of US chipmaker Qualcomm in a patent dispute case against Apple, which could lead to a ban on sales of iPhones in Germany. This marks a second major win for Qualcomm in a month after a court in China on December 10 ordered a prohibition on iPhone sales over a separate patent dispute there. “Qualcomm ruling […]

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Apple to build $1 billion campus in Texas

WASHINGTON, United States (AFP) — Apple announced Thursday it will build a $1 billion campus in Texas as part of a nationwide expansion. The facility will be less than a mile from the tech giant’s existing facility in Austin and initially accommodate 5,000 additional employees, with room to grow to 15,000. As it stands, 6,200 people now work for Apple in the Texan capital — the largest cluster outside its headquarters in Cupertino, California. Employees […]

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Egypt threatens Apple with legal action under competition law

CAIRO, Egypt (AFP) — Egypt has warned it will take legal action against Apple if the US tech giant fails to remove alleged “restrictions” on local distributors within 60 days. A decree threatening action was published in the official gazette on Monday after accusations from Egypt’s Competition Authority that Apple had violated the country’s competition law. It said the company had “isolated the Egyptian market geographically” by restricting sales to distributors in the country from […]

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China court bans iPhone sales in patent dispute: Qualcomm

(AFP) — A Chinese court ordered a ban in the country on iPhone sales in a patent dispute between US chipmaker Qualcomm and Apple, according to a Qualcomm statement Monday. The statement said the Fuzhou Intermediate People’s Court had granted Qualcomm’s request for two preliminary injunctions against four subsidiaries of Apple, ordering them to immediately to stop selling the iPhone 6S, iPhone 6S Plus, iPhone 7, iPhone 7 Plus, iPhone 8, iPhone 8 Plus and iPhone […]

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New tech regulation ‘inevitable,’ Apple CEO says

WASHINGTON, United States (AFP) — Apple CEO Tim Cook predicts that new regulations of tech companies and social networks to protect personal data are “inevitable.” In an interview with news website Axios being broadcast Sunday on HBO television, Cook said he expected the US Congress would take up the matter. “Generally speaking, I am not a big fan of regulation,” Cook said in an excerpt released by Axios. “I’m a big believer in the free […]

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Most Asian markets down as tech, energy firms take a hit

HONG KONG, China (AFP) — Technology firms fell in Asia Tuesday, tracking a deep sell-off in New York where Apple was hammered by worries about demand for its iPhones, while energy firms also fell with oil prices. After last week’s US elections-inspired mini-rally, global equities resumed their months-long slide as investors fret over a number of issues from the China-US trade war and Brexit to rising US interest rates and slowing economic growth. The latest […]

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Asian markets tumble as tech, energy firms take a battering

HONG KONG, China (AFP) — Technology firms led a plunge in Asian markets Tuesday, tracking a deep sell-off in New York where Apple tumbled on worries about demand for its iPhones, while energy firms were also in free-fall with oil prices. After last week’s US elections-inspired mini-rally, global equities resumed their months-long slide as investors fret over a number of issues from the China-US trade war and Brexit to rising US interest rates and slowing […]

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Apple unveils new Macs, iPad Pro

  NEW YORK, United States (AFP) — Apple has unveiled a new version of its MacBook Air laptop, this time made of recycled aluminum, as well as a new Mac Mini and an iPad Pro, all pricier than their predecessors. Nearly 10 years after the launch of the first MacBook Air by the late Steve Jobs, his successor Tim Cook presented on Tuesday the latest version of this PC, just 1.56 cm thick, compared to […]

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Qualcomm alleges Apple gave swiped chip secrets to Intel

SAN FRANCISCO, United States (AFP) — Qualcomm escalated a legal war with Apple, accusing the iPhone maker of stealing secrets and sharing them with mobile chip rival Intel, according to court documents. The California mobile chipmaker on Monday added the sizzling accusation in an amendment to a lawsuit filed against Apple last year in California state court in Qualcomm’s home city of San Diego. The modified filing contends that Apple “engaged in a years-long campaign […]

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Apple unveils new smartwatch, nears 2 bn devices

  CUPERTINO, United States (AFP) —  Apple unveiled a redesigned smartwatch on Wednesday as the California tech giant said it was nearing its two billionth device for its mobile operating system. “We are about to hit a major milestone, we are about to ship our 2 billionth iOS device,” Apple chief executive Tim Cook said as he opened a media event expected to unveil a new lineup of iPhones. “This is astonishing, iOS has changed the way we […]

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Apple to broaden iPhone lineup with more screen

by Glenn CHAPMAN Agence France Presse SAN FRANCISCO, United States (AFP) — Apple on Wednesday was expected to unveil new iPhones, playing up eye-grabbing edge-to-edge screens in a bid to strengthen its position in a largely saturated global smartphone market. Apple has remained mum about revelations planned for the event at its spaceship campus in Silicon Valley, but the timing fits its pattern of annually introducing iPhone updates. In a first for Apple, the event […]

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