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Apple shares drop on reports of iPhone 13 chip shortage
2021-10-13 02:17:52| BBC News | Business | UK Edition
Bloomberg reported that Apple could produce up to 10 million fewer iPhones due to the chip shortage.
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Toshiba Memory to buy back preferred shares from Apple, Dell, others for USD 4 bln - report
2019-05-20 14:44:00| Telecompaper Headlines
(Telecompaper) Toshiba Memory, bought last year by Bain Capital, is hoping to buy out the preferred shares held in the company by Apple, Dell, Kingston Technology and Seagate Technology for over 4 USD , the Wall Street Journal reported, with sources estimating the deal at over USD 4 billion. The transaction will come under a refinancing plan worth JPY 1.3 trillion, or USD 11.8 billion, from Japanese banks. The money will go towards buying back the shares and simplifying the capital structure. This will make it easier for Toshiba Memory to list itself, the sources said. The Japanese banks working on the refinancing plan include the government-owned Development Bank of Japan, set to buy JPY 300 billion worth of shares and debt.
Apple shares down over 9% in US trading
2019-01-03 16:47:17| BBC News | Business | UK Edition
Apple shares fall 9.4% in Thursday US trading in the wake of Wednesday's warning about China sales.
Apple shares hit all-time high after Buffett raises stake
2018-05-04 22:31:22| BBC News | Business | UK Edition
Legendary investor Warren Buffett raises his stake in the world's most valuable company to 5%.
Apple shares drop near two-year low
2016-05-12 20:33:09| BBC News | Business | UK Edition
Shares in Apple fall below $90 (62) for the first time in nearly two years as investors worry about slumping sales of iPhones.