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Apple settles iPhone slowdown case for $500m

2020-03-02 19:52:29| BBC News | Business | UK Edition

Apple agrees a payout over allegations it deliberately slowed down older iPhones.

Tags: case apple iphone 500m

 

Apple says Coronavirus will pull down Q2 revenues, iPhone supplies worldwide

2020-02-18 09:05:00| Telecompaper Headlines

(Telecompaper) Apple said slower production due to the Coronavirus (Covid-19) means it will not be able to meet expectations for the fiscal second quarter to end March. The company had guided for revenue of USD 63-97 billion from 58 billion the year before, and a gross margin of 38-39 percent. The company noted that the disruption to results is only temporary and that its business is fundamentally strong. 

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Apple agrees to pay EUR 25 mln regulatory fine in France over iPhone software updates

2020-02-07 11:04:00| Telecompaper Headlines

(Telecompaper) The DGCCRF, France's anti-fraud and consumer protection agency, said that Apple has agreed to pay a EUR 25 million fine in a legal settlement. This follows an investigation into the company after a complaint from a consumer association, filed in January 2018. The probe focused on the accusation that in 2017, Apple failed to inform customers that the performance of their iPhones could slow down because of software updates to manage battery power demands. 

Tags: software france pay eur

 

Coronavirus: iPhone manufacturer Foxconn to make masks

2020-02-07 07:58:57| BBC News | Business | UK Edition

The world's biggest electronics maker aims to produce two million surgical masks a month.

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Apple tops global smartphone market in Q4 on back of iPhone 11 sales

2020-01-30 10:57:00| Telecompaper Headlines

(Telecompaper) Apple surged past Samsung to become the world's top smartphone vendor in the final quarter of 2019 thanks above all to the huge popularity of the iPhone 11, according to the latest report from Strategy Analytics. The company shipped 70.7 million iPhones during the 3-month period ending in December, equivalent to 18.9 percent of the global market, up 7 percent from the 65.9 million units shipped a year earlier.

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