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Apple Stock Loses $55 billion on China Slowdown
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Apple cuts sales forecast as China sales weaken; iPhone pricing in focus
Apple Inc on Jan. 2 took the rare step of cutting its quarterly sales forecast, with Chief Executive Tim Cook blaming slowing iPhone sales in China, whose economy has been dragged down by uncertainty around U.S.-China trade relations.
Apple Unveils Premium iPhone XS, Health Features for Watch
AFP - Apple unveiled three new iPhones on Wednesday in a bid to bolster its spot in the premium smartphone market, along with an upgraded smartwatch that takes electrocardiograms and detects falls.
Apple CEO Calls $1 Trillion Value a 'Milestone' but not a Focus
(Reuters) - Apple Inc (AAPL.O) Chief Executive Tim Cook said on Thursday that the iPhone maker's $1 trillion market capitalization was "not the most important measure" of the company's success but was instead a result of its focus on its products, customers and company values.
Samsung Will Have to Pay Over Half Billion Dollars to Apple
South Korean giant Samsung must pay a $ 533m fine to its US rival Apple for copying the iPhone design. This was decided by a US court on the second instance after Apple won first in 2011 and then Samsung was ordered to pay a $ 400 million fine.
Three Apple patents related to the iPhone design are touched, according to BGS.
Apple has Released a New iPad Specifically Designed for School
Apple has released a new iPad that is specifically designed for school. The new product was presented at a major event in Chicago.
The tablet has a size of 9.7 inches and costs $ 299 for students and schools, and the cost for everyone else is $ 329. He keeps the company's pen.
The new device will support various education-related programs.
Apple ‘plans biggest iPhone yet for 2018’
Apple Inc is preparing to release three new smartphones later this year, including the largest iPhone ever, a device that may have a bigger display than arch-rival Samsung’s flagship phone, Bloomberg has reported, citing people familiar with the products.
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Apple downgraded over slowing iPhone X demand
Wall Street researchers KeyBanc Capital Markets and Bernstein have lowered their ratings for Apple shares due to slowing iPhone sales. This week, the firm reported weaker than expected iPhone sales for December.
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Apple to respond to US probes into slowdown of old iPhones
Apple is cooperating with U.S. government inquiries into its secret slowdown of older iPhones, further complicating its efforts to move past an issue that irked customers whose devices bogged down.
Apple to build 2nd campus, hire 20,000 in $ 350 bln pledge
Apple is planning to build another corporate campus and hire 20,000 workers during the next five years as part of a $350 billion commitment to the U.S. that will be partially financed by an upcoming windfall from the country’s new tax law.