Apple rolled out its much-anticipated iPhone X with a $999 price tag, but investors sent the company’s stock down. Fred Katayama reports. Continue reading
A decade after then-CEO Steve Jobs unveiled the first iPhone, Apple is set to introduce a completely redesigned top-of-the-line iPhone along with two other new phones, as well as a big upgrade to the Apple Watch and a higher-definition Apple TV. Sonia Legg reports Continue reading
According to a Wall Street Journal report, Apple’s new iPhone 8 has run into manufacturing issues that will delay the smartphone’s production. Ryan Brooks reports. Continue reading
(Reuters Business Report) – Apple’s streaming music rivals are crying foul, saying Apple’s App Store puts them at a competitive disadvantage. And now, sources tell Reuters the Federal Trade Commission is looking into it. Last month, Apple became a competitor to the likes of Spotify and Rhapsody when it launched its paid streaming service, Apple Music.
LOS ANGELES, CALIFORNIA, UNITED STATES (REUTERS / INTERNET) – In a year in which Taylor Swift’s star has risen in to the upper stratosphere, her biggest victory may have been watching Apple ‘blink” after the pop star called out the tech giant for its initial policy of refusing to pay artists during free trials of its new Apple Music streaming service.
(Reuters Business Report) – You likely bought extra bling when you bought your Apple Watch. What you didn’t know is just how much money Apple is making off of it. Reuters has learned that nearly a fifth of Apple Watch buyers wind up shelling out for spare bands. The top seller is the $49 black Sport Band made of synthetic rubber. Believe it or not, tech research firm IHS says that only costs Apple about $2 to make. While that doesn’t account for the packaging, shipping, and materials costs, that’s a whopping profit margin.
The founder of Alibaba Group Holdings Ltd Jack Ma says a lawsuit by a group of luxury goods makers owned by Kering SA accusing the Chinese e-commerce giant of being a conduit for counterfeiters to sell goods was “regrettable”.
Apple Watch in stores on April 24, high-end version costs $10,000.