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BUSINESS
October 24, 2007 | From Bloomberg News
Apple Inc. said Tuesday that almost one of every six iPhones sold may have been unlocked to run on unauthorized wireless networks, surprising analysts who had estimated the problem wasn't as widespread. Chief Operating Officer Timothy Cook said 250,000 of the nearly 1.4 million iPhones sold might have been bought by users with the intention of unlocking them to work on a network other than AT&T's. Customers who aren't signing up with AT&T, Apple's approved service provider in the U.S.
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BUSINESS
October 27, 2007 | From the Associated Press
Apple Inc. said Thursday that it would no longer accept cash for iPhone purchases and would now limit sales of the cellphone to two per person in a move to stop people from reselling them. Before the policy started Thursday, there was no cash restriction and the purchase limit was five per person.
OPINION
May 23, 2013
Re "Apple's U.S. tax shelters faulted," May 21 French novelist Honoré de Balzac once wrote, "The secret of a great success for which you are at a loss to account is a crime that has never been found out, because it was properly executed. " That statement describes Apple Inc. perfectly, except it has finally been found out. Thankfully, Sen. Carl Levin (D-Mich.), chairman of the Senate Permanent Subcommittee on Investigations, seeks to expose Apple's fraudulent tax policies.
BUSINESS
August 2, 2013 | By Chris O'Brien
In a filing on Friday, Apple Inc. fired back against a series of measures proposed by federal attorneys that would restrict the company's ability to strike electronic-book deals. Apple attorneys said the "injunction is a draconian and punitive intrusion into Apple's business, wildly out of proportion to any adjudicated wrongdoing or potential harm. Plaintiffs propose a sweeping and unprecedented injunction as a tool to empower the Government to regulate Apple's businesses and potentially affect Apple's business relationships with thousands of partners across several markets.
BUSINESS
August 15, 2008 | Michelle Quinn, Times Staff Writer
The Securities and Exchange Commission on Thursday settled the last civil case against a former Apple Inc. executive accused of stock-option fraud, closing its investigation into one of Silicon Valley's highest profile companies. Nancy Heinen, who was Apple's general counsel until leaving in 2006, agreed to pay $2.2 million in disgorgement, interest and penalties.
BUSINESS
October 15, 2013 | By Chris O'Brien
Apple Inc. announced Tuesday that Burberry Chief Executive Angela Ahrendts will run its retail division, including online and retail stores. Ahrendts will become the only woman among Apple's top executive ranks , reporting directly to Apple Chief Executive Tim Cook.  "I am thrilled that Angela will be joining our team," Cook said in a statement. "She shares our values and our focus on innovation, and she places the same strong emphasis as we do on the customer experience.
BUSINESS
June 17, 2013 | By Jim Puzzanghera
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.
OPINION
May 24, 2013
Re "Apple execs grilled over tax strategy," Business, May 22 Unbelievable, stunning, incredible that members of Congress have the audacity to bring the chief executive of one of the most successful companies this country has ever seen to grill him on Apple Inc.'s tax strategy (which, by the way, is perfectly legal) so they can try to wring more money out of him. Apple paid $6 billion in taxes last year; isn't that enough? Forcing Chief Executive Tim Cook to respond to legislators who have been on the public dole much of their lives and haven't done much in the way of intellectual innovation (or even fixing this country economically)
BUSINESS
August 8, 2007 | Michelle Quinn, Times Staff Writer
Apple Inc. is revamping the product that put it on the high-tech map: the desktop computer. Apple Chief Executive Steve Jobs on Tuesday introduced a line of iMac computers that are thinner and faster than their predecessors. The computers come with new software for storing and editing video and photos. The product's slogan is, "The new iMac. You can't be too thin. Or too powerful."
BUSINESS
August 31, 2007 | Joseph Menn, Times Staff Writer
Apple Inc. Chief Executive Steve Jobs is expected to announce a souped-up iPod and a deal to let iPhone users buy ring tones through the iTunes store at an event next week, music industry sources said. Following its custom, Apple recently sent invitations to analysts and reporters for a Sept. 5 event but didn't say what it was about.
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