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BUSINESS
June 24, 2007 | From Times Wire Services
The price of Apple Inc.'s iPhone and the cost of switching to AT&T Inc.'s wireless service may suppress demand for the device, a survey by research firm IDC found. Although about 60% of those surveyed were interested in the iPhone -- a combination mobile phone and iPod music player -- only 10% said they might buy one at full price when it goes on sale Friday, according to a survey of 456 people by Framingham, Mass.-based IDC.
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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.
BUSINESS
December 22, 2013 | By Chris O'Brien
Gaining access to an audience it has coveted for years, Apple Inc. said it has reached an agreement to sell the iPhone through China Mobile Ltd., the world's largest mobile phone carrier with 763 million subscribers. The deal, announced Sunday, is expected to help Apple reignite its sales growth, which has slowed over the last year. How successful Apple will be depends in part on how flexible it's willing to be with the pricing of the iPhone, which remains among the world's costliest smartphones.
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.
BUSINESS
October 11, 2007 | From the Associated Press
Complaints over Apple Inc.'s use restrictions and recent software update for the iPhone have erupted into two lawsuits alleging that Apple and its carrier partner, AT&T Inc., engaged in illegal monopolistic behavior. The lawsuits were filed Friday in San Jose -- one in federal court and the other in state court. Both are seeking class- action status. The federal case accuses the companies of unfair business practices and violations of antitrust, telecommunications and warranty laws.
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