#Apple profit drops 11%, but iPhone escapes economic slump

#Apple profit drops 11%, but iPhone escapes economic slump

“Apple profit drops 11%, but iPhone escapes economic slump” Apple on Thursday reported profit and sales that beat Wall Street expectations, navigating parts shortages better than predicted and benefiting from unceasing demand for iPhones even as inflation has consumers tightening other spending. Apple said sales and profit for the quarter ended June 25 were $83 billion and $1.20 per share, above estimates of $82.8 billion…

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#FCC’s Brendan Carr slams Apple’s Tim Cook for China hypocrisy

#FCC’s Brendan Carr slams Apple’s Tim Cook for China hypocrisy

“FCC’s Brendan Carr slams Apple’s Tim Cook for China hypocrisy” A top Federal Communications Commission official slammed Apple CEO Tim Cook for hypocrisy on human rights issues – arguing the iPhone maker’s dealings with the Chinese Communist Party were at odds with its claimed commitment to protecting consumer rights. FCC Commissioner Brendan Carr detailed his…

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#Apple’s Tim Cook claims anti-Big Tech bills would hurt user privacy

#Apple’s Tim Cook claims anti-Big Tech bills would hurt user privacy

“Apple’s Tim Cook claims anti-Big Tech bills would hurt user privacy” Apple CEO Tim Cook came out swinging against proposed antitrust legislation, claiming that proposals to loosen the iPhone maker’s grip over the app market would lead to grave “unintended consequences” for users’ security and privacy.  “We are deeply concerned about regulations that would undermine…

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