Apple could delay iPhone 12 launch ‘by months’ due to coronavirus March 26, 2020 Apple could be forced to delay the launch of iPhone 12 by up to two months as a result of the coronavirus outbreak, analysts have warned. In a note published yesterday, JP Morgan said the launch could be pushed back by one or two months due to disruption to the firm’s supply chain. Travel restrictions [...]
Apple donates 10m face masks to healthcare workers for coronavirus relief effort March 26, 2020 Apple will donate 10m face masks to US healthcare workers as part of worldwide efforts to halt the spread of coronavirus. Chief executive Tim Cook said the tech giant would also provide “millions more” masks for the hardest hit regions in Europe. “Apple has sourced, procured and donated 10m masks to the medical community in [...]
Apple fined $1.2bn by French antitrust authorities March 16, 2020 US technology giant Apple has been fined $1.2bn (£958m) by antitrust authorities in France. This is one of the largest fines the body has ever handed down. Two French wholesalers were also fined for running the cartel with Apple which exploited the company’s dependence on re-sellers. Tech Data and Ingram Micro received fines of 76.1 [...]
Apple shuts stores across the world amid coronavirus fears March 14, 2020 Apple is to close all its retail stores outside of China for two weeks in an effort to contain the coronavirus outbreak. Chief executive Tim Cook announced last night that the company would be taking the steps across the rest of the world to minimise the risk of transmission. It comes just a day after [...]
Apple supply chain sinks into red on coronavirus fears February 18, 2020 Shares in Apple slipped more than two per cent in afternoon trading while its suppliers around the globe were dragged into the red after the tech giant warned the coronavirus outbreak would impact its quarterly targets. The iPhone maker last night told investors that it would not meet its revenue forecast of between $63bn (£48bn) [...]
Youtube TV withdraws from App Store in blow to Apple February 16, 2020 Youtube TV is set to become the latest subscription service to cut ties with Apple’s App Store amid complaints about the hefty fees charged by the tech giant. The TV streaming service last week told customers that from next month it will no longer accept payments through Apple in-app purchases. The iPhone maker takes a [...]
Apple fined for slowing down old iPhones February 8, 2020 Apple has been fined 25m euros (£21m) for deliberating slowing down its older iPhone models and not making customers aware. The fine, which was imposed by France’s competition and fraud watchdog DGCCRF, was for failing to make this clear to consumers. Apple admitted in 2017 that it slowed down some of its iPhones but only [...]
Apple investors hope streaming boom will boost first-quarter figures January 26, 2020 Apple shareholders will be hoping for a boost from the escalating streaming wars when the tech giant reports its first-quarter figures this week. The iPhone maker will issue its quarterly results on Tuesday — the first time since it launched Apple TV Plus in November. Apple posted a three per cent decline in net profit [...]
Apple boss Tim Cook calls for overhaul of corporate tax system January 20, 2020 Apple chief executive Tim Cook has acknowledged that the global corporate tax system needs to be overhauled, adding he was optimistic that upcoming reform would be fair. Tech giants such as Apple have come under increased scrutiny over their tax practices amid concerns they are dodging their liabilities by booking profit in low-tax countries. This [...]
EU could force Apple to ditch iPhone charger January 17, 2020 Apple could be forced to abandon the Lightning connector, as the European Parliament mulls the introduction of a common charger to fit all devices Members of the European Parliament (MEPs) will debate the issue on Monday, calling for a charger that will “fit all mobile phones, tablets, e-book readers and other portable devices”. According to [...]
