Tag: Apple
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Apple, Amazon sales up amidst rising prices
Amazon and Apple posted better than expected sales, reassuring investors that the tech giants will be able to weather slowdowns in global economies. Amazon forecast in a trading update that higher fees for its Prime membership would boost its bottom line, while Apple said demand for its all important iPhone remained strong. Both firms said…
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Apple Halts Sales of Products to Russia, Restricts Access to Russian News Apps
Apple has halted all sales of its products in Russia due to the country’s invasion of Ukraine, a company spokesperson said Tuesday. Apple does not have any physical stores in Russia and normally ships its phones, computers and tablets through its online stores, and also sells products through third-party retail stores there. The company had…
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Apple unveils iPhone 13, Watch Series 7, iPads
Apple CEO Tim Cook strode through a slickly produced video Tuesday to launch a new iPhone, with few hints of the exceptional string of troubles facing his company including policy reversals, a spyware attack and legal fights. Cook — from an empty, darkened auditorium — raved over upgraded cameras, brighter screens and new features for…
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Microsoft overtakes Apple to become World’s most Valuable Company
Microsoft has overtaken Apple in market cap value for the first time in eight years. Microsoft briefly reached a market cap value of $812.93 billion, followed by Apple at a market cap of $812.60 billion. It made Microsoft the world’s most valuable company, even if it was only a temporary title. Microsoft and Apple are…
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Russia accuses Google, Apple of election interference
Russia said the refusal by Google and Apple to remove jailed Kremlin critic Alexei Navalny’s app ahead of elections could be seen as interference in the country’s domestic affairs. The Parliamentary elections scheduled for later this month, with nearly all vocal Kremlin critics including Navalny’s allies barred from running. Last month Russian communications watchdog Roskomnadzor…
