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Apple Earnings Blowout In FYQ1 Rides Success Of Connected Economy

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It was supposed to be a record-breaking fiscal year first quarter for Apple and the company did not disappoint. Apple saw double-digit growth in every product category for its fiscal 2021 first quarter ended Dec. Apple saw double-digit growth in every product category for its fiscal 2021 first quarter ended Dec. billion in 2019.

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Apple Plans To Roll Out App Store To 20 Countries

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Apple has announced it is expanding the App Store and adding availability to 20 new countries, according to a blog post to developers by the company. It’s grown into a vibrant platform with great apps that influence culture and change lives, with over half a billion visitors each week,” Apple said.

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India’s Gaana Streaming Service Far Surpasses Apple, Spotify

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India has access to the well-known music streaming sites Spotify and Apple Music, but it’s the country’s homegrown Gaana that is getting the majority of listeners, the Wall Street Journal (WSJ) reported on Sunday (Feb. No other music service has the scope of region-specific Indian songs that Gaana offers.

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Judge Rules Apple Needs To Face Shareholder Lawsuit Over Cook’s China Claims

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Apple has been ordered to face a lawsuit from shareholders over CEO Tim Cook's reported concealment of falling iPhone demand in China, Reuters reports, which caused investors to lose billions. pension fund, can sue over Cook's 2018 comment that while the iPhone was facing sales pressure in some markets, China was not among them.

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Goldman Sachs Warns Of Market Drop Due To Outbreak

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The bank said the risk of a correction in the stock market is high and warned that the impact of COVID-19 would possibly be more significant than investors thought. Goldman Sachs analyst Peter Oppenheimer said the bank believes that the risk of the coronavirus against the stock market has been “underestimated.”

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Apple Says Coronavirus Will Ding Future Revenue

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Citing the deadly coronavirus, Apple has become the first major company to admit it won’t meet its projected revenue for this quarter because of the outbreak, according to published reports Monday (Feb. Those problems have extended to supply chains worldwide.

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Big Tech Compliance Tracker: Apple To Pay $113M Over Alleged iPhone 'Throttling'; Officials: European Commission Needs To ‘Scale Up’ Regulation

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34 States Unveil $113M Settlement Against Apple For Alleged iPhone ‘Throttling’ . The settlement resolves allegations that Apple provided “misrepresentations” regarding iPhone batteries and allegedly used software that slowed down processing performance to handle “insufficient” battery power in older phones. California will get $24.6

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