Apple Fails to End Lawsuit Over CEO Tim Cook’s iPhone China Sales Comment

[ad_1] A U.S. judge has rejected Apple’s bid to throw out a class-action lawsuit that accused Chief Executive Tim Cook of defrauding shareholders by concealing falling demand for iPhones in China. U.S. District Judge Yvonne Gonzalez Rogers’ decision late Monday night clears the way for shareholders led by a British pension fund to sue over … Read more

‘India Is at a Tipping Point,’ Says Apple CEO Tim Cook as iPhone Sales Soar

[ad_1] When Apple surprised investors this week with a rise in iPhone sales despite a slump in the global smartphone market, Chief Executive Tim Cook credited emerging markets like India where the company is luring away Android phone users. Cook is betting that those markets will provide more opportunities for growth, with their youthful populations … Read more