Washington, United States | AFP | Apple’s bombshell news — a sharply weaker revenue outlook and lower iPhone sales — has raised questions over the future of the California giant, which until recently had been seen as the undisputed innovation leader in the tech sector. Apple’s rare admission on Wednesday …
Read More »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. …
Read More »Apple unveils plan for $1 bn campus in Texas, US expansion
Washington, United States | AFP | Apple unveiled plans Thursday for a $1 billion campus in Texas that will create jobs for the tech giant outside Silicon Valley, a move made without the fanfare of the recent Amazon headquarters bidding war. The new campus — which will be used for …
Read More »Apple to build $1 bln 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 …
Read More »Apple market value slips below $1 trillion amid selloff
New York, United States | AFP | Apple shares tumbled Friday a day after quarterly results showing strong profits but weaker-than-anticipated iPhone sales and a disappointing outlook for the key holiday period. In midday trade, Apple skidded 7.3 percent to $206.07, slipping below the $1 trillion milestone it topped in …
Read More »Italy fines Apple, Samsung millions for slowing phones
Rome, Italy | AFP | Italy’s competition authority on Wednesday said it was fining Apple and Samsung 10 and five million euros ($11.5 and $5.7 million) respectively for the so-called “planned obsolescence” of their smartphones. The ruling is believed to be the first against the manufacturers following accusations worldwide that …
Read More »Apple goes back to school with new iPad, apps
Chicago, United States | AFP | Apple on Tuesday unveiled new applications and a discounted iPad tablet aimed at the education market as it tries to regain momentum lost to Google in the world of classroom technology. At an event in Chicago, the California-based Apple showcased a new, free curriculum called …
Read More »Shop cancels sale for 200 Apple gadgets after 11,000 people queue up
Kampala, Uganda | THE INDEPENDENT | A Malaysian re-seller of Apple products was recently forced to cancel its warehouse sale after 11,000 people lined up outside its store for a chance to buy one of only 200 discounted gadgets. The shop in Kuala Lumpur, was supposed to host a clearance …
Read More »France warns Apple and Google of fines over ‘abusive’ practices
Paris, France | AFP | The French government said Wednesday that it would take legal action against Google and Apple over “abusive business practices”, threatening fines that could further strain transatlantic ties as a trade war looms. “I believe in an economy based on justice and I will take Google …
Read More »Apple buys digital magazine subscription service
San Francisco, United States | AFP | Apple announced Monday it is buying digital magazine subscription service Texture, adding to the side of its business aimed at making money from online content or services. The iPhone maker did not disclose financial terms of the deal to buy Texture from its owners …
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