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SAN FRANCISCO, United States (AFP) — Apple on Thursday reported a $20 billion profit in a record-setting quarter and said sales of its newest iPhone X smartphone were better than expected. Revenue in the final three months of last year increased 13 percent to $88.3 billion, according to the California-based technology giant. “We’re thrilled to report the biggest quarter in Apple’s history, with broad-based growth that included the highest revenue ever from a new iPhone […]
by Glenn Chapman Agence France-Presse SAN FRANCISCO, United States (AFP) — With Apple set to report quarterly results Thursday investors and others are cautiously watching to see whether its newest iPhone will help fuel momentum for the world’s most valuable company. Despite Apple’s spectacular trajectory in the decade since the introduction of the iPhone, the California technology titan is facing challenges on whether it can continue growth. Apple’s image meanwhile has been bruised by revelations […]
SAN FRANCISCO, United States (AFP) — Apple on Wednesday confirmed it is fielding questions from US agencies about its move to slow down older iPhones as batteries weaken. “We have received questions from some government agencies and we are responding to them,” Apple said in an email response to an AFP query. The reply came as comment regarding a Bloomberg report that the US Department of Justice and the Securities and Exchange Commission are investigating whether Apple broke […]
SAN FRANCISCO, United States (AFP) — Apple’s move to slow down older iPhones as batteries weaken is under scrutiny by US prosecutors and stock market regulators, according to a report Tuesday by Bloomberg. The US Department of Justice and the Securities and Exchange Commission are investigating whether Apple broke the law by failing to disclose a software update that made older iPhone models function slower, Bloomberg reported, citing unnamed people familiar with the matter. It […]
SAN FRANCISCO, United States (AFP) — Apple said Tuesday its HomePod speaker, the digital assistant device challenging rivals from Amazon and Google, was now ready after a delay of several months. HomePod, which missed the key holiday shopping season in the fast-growing market for connected speakers, will be available for pre-order Friday and in stores February 9 in the US, Britain and Australia. A statement said it would hit markets in France and Germany “this […]
MOSCOW, Russia (AFP) — Seven lawsuits have been launched in Russia and “hundreds” dozens more are in the pipeline against US tech giant Apple which has already admitted to slowing the performance of older iPhone models, a lawyer for some of the plaintiffs said Wednesday. “We have sent seven lawsuits to Moscow courts — two have been received by the Tverskoy (Moscow district) court and in all we are going to send ten by the […]
SAN FRANCISO, United States (AFP) — Apple announced Wednesday it would pay some $38 billion in taxes — likely the largest payment of its kind — on profits repatriated from overseas as it boosts investments in the United States. The iPhone maker said in a statement it plans to use some of its foreign cash stockpile, which qualifies for reduced tax rates under a recent bill, to invest in new projects. Apple, which claims to be the […]
by Nathalie Alonso Agence France Presse PARIS, France (AFP) — Paris prosecutors have launched a probe of US tech giant Apple over suspected “planned obsolescence” in some of its iPhone models, a judicial source told AFP on Monday. It comes after a complaint by the association Stop Planned Obsolescence (HOP or Halte a l’Obsolescence Programmee) that followed Apple’s admission last month that it intentionally slowed down older models of its iPhones over time. The investigation […]
NEW YORK, United States (AFP) — Two large shareholders have urged Apple to study whether iPhones are proving addictive for children and that intensive use of the smartphones may be bad for their mental health, Bloomberg News reported Monday. “There is a growing body of evidence that, for at least some of the most frequent young users, this may be having unintentional negative consequences” on their health, said Jana Partners LLC and California State Teachers’ […]
by Rob Lever Agence France Presse WASHINGTON, United States (AFP) — Amid a frantic rush to patch a computer security flaw, experts struggled Thursday to determine the impact of a newly discovered vulnerability which could affect billions of devices worldwide. Cybersecurity researchers called for computer systems to urgently install updates a day after the release of details of the so-called Spectre and Meltdown vulnerabilities affecting the chips powering most modern PCs and many mobile devices. […]
PARIS, France (AFP) — Apple has filed a lawsuit against the Attac activist group after about 100 of its supporters occupied the tech giant’s flagship store in Paris last month, protesting alleged “wide-scale tax evasion” by the firm. An Apple spokesman told AFP on Thursday that while it respected the group’s right to expression, its recent actions had “put the security of our customers and employees at risk.” It is seeking 3,000 euros ($3,600) from […]
SAN FRANCISCO, United States (AFP) — Apple on Thursday apologized to its customers for slowing down the performance of older iPhone models and said it would discount replacement batteries for some of its handsets. The move by Apple responded to an uproar from iPhone users — and a series of lawsuits — after news of the battery problems stoked concerns the company was unfairly nudging consumers to upgrade. “We know that some of you feel […]
