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Apple Faces $490 Million Penalty Due to Misleading Statements by CEO Tim Cook

OarSmaN1 month ago1 month ago03 mins

Apple, under the leadership of CEO Tim Cook, is facing significant financial repercussions totaling $490 million due to misleading statements regarding iPhone sales in China. These statements have brought into question Apple’s commitment to transparency and honesty. Misleading Statements Impacting Investor Trust Tim Cook assured shareholders of robust iPhone sales in China during the earnings…

Apple Sets a New Record: Over 2.2 Billion Active Devices Worldwide!

Sasha Mednikova3 months ago3 months ago05 mins

In a groundbreaking revelation during the announcement of its earnings report for the first quarter of 2024, Apple not only shared its financial success but also unveiled a staggering number of active Apple devices globally. This disclosure, marking a new milestone, solidifies Apple’s dominance in the tech industry. Tim Cook’s Announcement During the earnings call,…