July 4, 2013 |
SAO PAULO, Brazil - On a recent vacation to Orlando, Fla., from his home in Brazil, Tulio Avellar made sure to stop by such world famous tourist destinations as Walt Disney World and Universal Studios. But he also visited one of the most popular spots for anyone traveling from Brazil: the Apple store. The 23-year-old bought an unlocked iPhone 4S for $570 - about half its cost back home. Brazilians planning to visit the U.S. are often besieged by requests from friends and family to procure Apple products for them.
June 17, 2013 |
WASHINGTON -- Apple Inc., said it received 4,000 to 5,000 requests for customer data from U.S. officials during the six months ending in May, as it became the latest high-tech company to provide some details on its involvement in the National Security Agency's Internet surveillance program. The requests involved 9,000 to 10,000 customer accounts or devices, the company said in a statement on its website. Not all the requests involved the NSA's controversial Prism program, which the company said it did not know about until revelations in the news media on June 6. The data requests came from federal, state and local authorities and involved national security matters and criminal investigations, Apple said.
February 7, 2014 |
Chief Executive Tim Cook said Apple Inc. repurchased $14 billion of its stock over the last two weeks after a weak outlook caused its share price to plunge. In an interview with the Wall Street Journal, Cook said he was "surprised" by the 8% drop one day after the company's first-quarter earnings report. Apple projections for sales in the quarter ending in March were below what analysts had expected, and perhaps signaling its first year-over-year decline in revenue in more than a decade.
February 27, 2007 |
Apple Inc. said it delayed the launch of its Apple TV video-streaming product until March, but the company would not explain why. The Cupertino, Calif., company had said in January that the $299 set-top box would be available this month. Apple TV is designed to move digital content from a user's computer to their TV set and is anticipated to be a highly competitive product in the growing crop of offerings that deliver Internet-based videos to the television.
November 20, 2007 |
Apple Inc. won dismissal of a lawsuit claiming company directors and managers including Chief Executive Steve Jobs lied to shareholders about how they backdated option awards to maximize their personal profit. U.S. District Judge Jeremy Fogel in San Jose dismissed the suit because it was based on alleged false statements made about the awards more than three years before the case was filed, according to his order.
March 30, 2007 |
Apple Inc., the company that popularized selling songs online for 99 cents apiece, now hopes to buoy interest in albums, giving customers credit for purchases of full albums from which they have bought individual tracks. Apple introduced the Complete My Album feature on its iTunes Store. It now gives a full credit of 99 cents for every track the user previously bought and applies it toward the purchase of the complete album.