Search results for "apple INc"

Apple warns China virus will cut iPhone production, sales

CUPERTINO, Calif. (AP) — Apple Inc. is warning investors that it won’t meet its second-quarter financial guidance because the viral outbreak in China has cut production of iPhones. The Cupertino, California-based company said Monday that all of its iPhone manufacturing facilities are outside Hubei province, the epicenter of the outbreak, and all have been reopened. […]

Apple, Broadcom told to pay Caltech $1.1B in patent lawsuit

LOS ANGELES (AP) — A federal jury on Wednesday decided that Apple Inc. and Broadcom Inc. must pay $1.1 billion to the California Institute of Technology for infringing on patents. Apple was on the hook for nearly $838 million of the damages awarded in a lawsuit that said Broadcom used its patented Wi-Fi data transmission […]

Apple holiday season tops projections as iPhone bounces back

By MICHAEL LIEDTKE AP Technology Writer SAN FRANCISCO (AP) — Apple is still reaping huge profits from the iPhone while mining more moneymaking opportunities from the growing popularity of its smartwatch, digital services and wireless earbuds. That combination produced a banner holiday season for a company whose fortunes appeared to be sliding just a year […]