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Tag Archives: apple

Apple cuts outlook, sees ‘challenges’ in China, emerging markets

San Francisco, United States | AFP | Apple cut its revenue outlook for the latest quarter Wednesday, citing steeper-than-expected “economic deceleration” in China and emerging markets. The rare revenue warnings from Apple suggested weaker-than-anticipated sales of iPhones and other gadgetry, in part because of trade frictions between Washington and Beijing. …

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Apple to build $1 bln campus in Texas

Washington, United States | AFP | Apple announced Thursday it will build a $1 billion campus in Texas as part of a nationwide expansion. The facility will be less than a mile from the tech giant’s existing facility in Austin and initially accommodate 5,000 additional employees, with room to grow …

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Italy fines Apple, Samsung millions for slowing phones

Rome, Italy | AFP | Italy’s competition authority on Wednesday said it was fining Apple and Samsung 10 and five million euros ($11.5 and $5.7 million) respectively for the so-called “planned obsolescence” of their smartphones. The ruling is believed to be the first against the manufacturers following accusations worldwide that …

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Apple goes back to school with new iPad, apps

Chicago, United States | AFP | Apple on Tuesday unveiled new applications and a discounted iPad tablet aimed at the education market as it tries to regain momentum lost to Google in the world of classroom technology. At an event in Chicago, the California-based Apple showcased a new, free curriculum called …

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