tag iPhones

U.S. Probes Apple Over Updates That Slow Older iPhones

EghtesadOnline: The U.S. Department of Justice and the Securities and Exchange Commission are investigating whether Apple Inc. violated securities laws concerning its disclosures about a software update that slowed older iPhone models, according to people familiar with the matter.
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Publish Date:31/January/2018 | 10:02

Trump’s Strong Dollar Means Weaker Sales at Apple, Honeywell

EghtesadOnline: The Trump dollar is taking a bite out of the earnings prospects for U.S. companies. Apple Inc. is boosting the prices of iPhones sold abroad by as much as 40 percent to offset the declining value of foreign sales when they’re converted to dollars. Those higher prices hurt Apple’s ability to compete. Industrial giant Honeywell International Inc. is trimming its sales forecast this year by $600 million and hedging in the currency markets.
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Publish Date:04/February/2017 | 04:53

Apple sells more iPhones than expected, shares jump after hours

EghtesadOnline: Apple Inc sold more iPhones than Wall Street expected in the third quarter and estimated its revenue in the current period would top many analysts' targets, soothing fears that demand for the company's most important product had hit a wall.
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Publish Date:27/July/2016 | 09:26