#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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#Stars let loose at Oscars 2022 afterparties

#Stars let loose at Oscars 2022 afterparties

“Stars let loose at Oscars 2022 afterparties” There have been sparks before at the Academy Awards but never the full-blown fire that was caused by Will Smith slapping Chris Rock during the ceremony. The “slap heard around the world” has since divided the Internet. But last night, most stars seemed content blowing off steam —…

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#Apple shareholders approve Tim Cook’s 0M payday

#Apple shareholders approve Tim Cook’s $100M payday

“Apple shareholders approve Tim Cook’s $100M payday” Apple shareholders voted Friday to approve a nearly $100 million compensation package for CEO Tim Cook — signaling their support despite an advisory firm’s stance that the awards were a tad excessive. Cook’s lucrative pay package for Apple’s 2021 fiscal year calls for $98.73 million in total compensation…

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