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Tag Archives: Apple

Apple’s iPhone 7 more expensive to make: IHS Markit

Apple Inc (AAPL.O) is spending more to manufacture its iPhone 7 smartphone than predecessor iPhone 6S due to features such as a bigger battery and larger storage capacity, according to a teardown by IHS Markit Ltd (INFO.O). Including $5 in basic manufacturing costs, total cost to manufacture the iPhone 7 …

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Apple fans hit the NYC flagship store for iPhone 7

The first Apple customers in New York City to snap the new iPhone 7 off the shelves cheered as they entered its flagship store on Friday (September 16), flanked by applauding sales staff. “Today is my 23 days outside Apple store here in New York City,” said Jaime Gonzalez in …

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Apple fans hit the NYC flagship store for iPhone 7

The first Apple customers in New York City to snap the new iPhone 7 off the shelves cheered as they entered its flagship store on Friday (September 16), flanked by applauding sales staff. “Today is my 23 days outside Apple store here in New York City,” said Jaime Gonzalez in …

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iPhone optimism blasts Apple stock to 2016 high

Apple’s (AAPL.O) stock hit a 2016 high on Wednesday, with its market value peaking above $600 billion for the first time since April as Wall Street bet the technology company’s newest iPhone would help shore up falling sales. Fueled by U.S. wireless carriers’ reports of strong early orders for the …

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Sprint, T-Mobile iPhone pre-orders boost Apple shares

U.S. wireless carriers Sprint Corp (S.N) and T-Mobile US Inc (TMUS.O) said on Tuesday they received strong pre-orders for Apple Inc’s (AAPL.O) iPhone 7, sending shares of the world’s most valuable listed company up 3 percent. Sprint said pre-orders were up nearly four times, compared to last year. Pre-orders also …

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Apple unveils iPhone 7 but some still waiting for iPhone 8

Apple Inc unveiled an iPhone 7 with high-resolution cameras and no headphone jack at its annual launch event Wednesday, though the biggest surprise was the debut of a three-decade-old Nintendo game franchise, Super Mario Bros, on the smartphone. While shares of Apple barely budged, Nintendo’s U.S.-listed shares jumped 29 pct …

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Apple hones marketing for Watch with focus on fitness

Two years after unveiling the Apple Watch with apps and styles that tried to appeal to every need and every customer, Apple Inc has honed its marketing strategy, debuting a second generation product aimed squarely at the health and athletic audience. The focus on fitness will enhance the watch’s appeal …

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EU hits Apple with $14.5 billion Irish tax demand

The European Commission ordered Apple Inc to pay Ireland unpaid taxes of up to 13 billion euros ($14.5 billion) on Tuesday as it ruled the firm had received illegal state aid. Apple and Dublin said the U.S. company’s tax treatment was in line with Irish and European Union law and …

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EU to hand Apple hefty Irish tax bill: sources

The European Commission will rule against Ireland’s tax dealings with Apple (AAPL.O) on Tuesday, sources familiar with the decision told Reuters, one of whom said Dublin would be told to recoup over 1 billion euros in back taxes. Commissioner Margrethe Vestager will hold a news conference on an antitrust case …

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Apple fixes security flaw after UAE dissident’s iPhone targeted

Apple Inc issued a patch on Thursday to fix a dangerous security flaw in iPhones and iPads after researchers discovered that a prominent United Arab Emirates dissident’s phone had been targeted with a previously unknown method of hacking. The thwarted attack on the human rights activist, Ahmed Mansoor, used a …

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