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Tag Archives: 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. …

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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 …

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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 …

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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 …

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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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