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BUSINESS
March 5, 2008 | From Reuters
. -- Apple Inc. has no plans to declare a dividend or buy back its stock, Chief Executive Steve Jobs told the company's annual shareholder meeting Tuesday, adding that iPhone sales were on track. Jobs said he was confident Apple would hit its 2008 sales target of 10 million iPhones, a figure that some analysts have questioned, and executives said the iPhone would reach Asian markets this year.
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BUSINESS
June 7, 2013 | By Chris O'Brien, Los Angeles Times
Chief Executive Tim Cook likes to say Apple Inc. has an advantage over competitors because it does three things well: hardware, software and services. For much of the year, speculation about new hardware gets the lion's share of attention from obsessive Apple fans. But on Monday, software and services will be in the spotlight as Apple kicks off its weeklong Worldwide Developers Conference in San Francisco. On the software side, the company is expected to unveil iOS 7, a redesigned version of its mobile operating system.
BUSINESS
August 30, 2013 | By Chris O'Brien
SAN FRANCISCO - Apple Inc., looking to tap into the exploding market for used phones, has launched an iPhone trade-in program at its retail stores. The move comes as the sale of higher-end smartphones is slowing, prompting gadget makers and wireless carriers to offer incentives to encourage customers to upgrade to the latest versions of their devices. "It's important to remember that the smartphone resale market is still relatively small," said Walter Piecyk, an analyst at BTIG Research.
BUSINESS
December 22, 2013 | By Chris O'Brien
Apple Inc. announced Sunday that it has finalized a deal to sell the iPhone through China Mobile, the world's largest mobile phone carrier.  The deal has been in the works for years as Apple sought to gain a stronger foothold in this crucial smartphone market. Apple has been selling the iPhone through smaller carriers in China, but the reach of these companies collectively still left Apple as the fifth-largest seller of smartphones in the country Photos: Top 10 tech fails of 2013 Although Apple's new product launches tend to draw the most frenzied attention, analysts have long said a deal with China Mobile was the single most important thing the company could do to re-ignite its rate of growth, which had been slowing over the last year.
BUSINESS
August 29, 2007 | From Bloomberg News
Apple Inc. sent out invitations Monday to a Sept. 5 event called "The Beat Goes On," fueling speculation that it will release new models of the iPod media player to spur holiday sales. The e-mailed invitation for the San Francisco event shows a silhouetted dancer carrying an iPod, an image from Apple ads. Chief Executive Steve Jobs usually unveils new iPods before the holiday season. In June, Apple introduced the iPhone, combining the music player with a mobile phone.
BUSINESS
January 23, 2007 | From Bloomberg News
Apple Inc. Chief Executive Steve Jobs was questioned by U.S. government investigators about backdating of employee stock option grants at the company, lawyers familiar with the matter said. Jobs met with officials from the Securities and Exchange Commission and the Justice Department last week in San Francisco, said the people, who spoke on condition of anonymity because the interviews were confidential.
BUSINESS
September 5, 2007 | From Reuters
Microsoft Corp. said Tuesday that it was "not unreasonable" for the company to introduce a mobile phone combined with features of its Zune digital music player to compete with Apple Inc.'s iPhone. The Zune phone, a topic of speculation for months since Microsoft introduced its first digital music player last year, could be driven by consumer demand for one multimedia device that makes phone calls, plays music and takes pictures.
BUSINESS
September 5, 2007 | From the Associated Press
The iPhone can be bought in China, even though Apple Inc. isn't selling it there, and the gadget doesn't function properly despite costing twice as much as in the United States. Enthusiasts willing to pay 8,800 yuan -- $1,170 -- can buy the phone at electronics markets in Beijing, Shanghai, Shenzhen and Guangzhou, the electronics newspaper Dian Nao Bao reported in its Monday editions. In the U.S., the combination cellphone-iPod media player can be had for $499.
BUSINESS
November 15, 2007 | From Bloomberg News
Apple Inc. won dismissal Wednesday of a shareholder lawsuit claiming that company officers including Chief Executive Steve Jobs were overpaid with illegally backdated option awards. Apple, maker of the iPod and iPhone music-and-video players, said last year that 6,428 stockoption grants issued between 1997 and 2002 were backdated.
BUSINESS
April 17, 2007 | From the Associated Press and Bloomberg News
Apple Inc. Chief Executive Steve Jobs received a salary of just $1 last year, documents filed Monday with the Securities and Exchange Commission said. Since returning in 1997 to the helm of the company he co-founded and catapulting Apple to record profit, the legendary Silicon Valley executive has opted to get only a token paycheck. But as of March 20, Jobs, 52, still owned more than 5.4 million restricted shares, worth about $494 million at Monday's closing price of $91.43.
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