Six months after it started carrying the iPhone, U.S. regional carrier Cricket reports that it will only purchase half of its first-year commitment of iPhones by June 2013, reports BGR. Back in June 2012, Cricket started carrying the iPhone 4 and iPhone 4S after committing to buy at least $900 million worth of iPhones from Apple over the life of its deal with Apple. It got the iPhone 5 a...
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Apple’s annual shareholder’s took place at the company’s Cupertino campus this morning. The meeting is held to allow shareholders to address corporate officers and to handle certain corporate business like reelecting the board of directors and voting on certain proposals. According to CNBC‘s Jon Fortt, preliminary results show all directors reelected, Apple’s...
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The Wall Street Journal reports on recent moves Apple has made to increase sales in India, one of the fastest growing markets in the world. Recently the company has launched the iTunes Store and the Apple TV there, and it was rumored that Apple Retail Stores were coming to the subcontinent as well. Apple is sidestepping wireless carriers to seize greater control over marketing in India and...
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Bloomberg reports that Apple is among 60 companies that have signed on to a filing that will be presented to the Supreme Court backing gay marriage in the United States. The court is currently weighing the constitutionality of California’s Proposition 8, in which voters barred gay marriage in 2008. Apple had publicly opposed Proposition 8 at the time. “No matter how welcoming the...
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Hedge fund manager Doug Kass tweeted (via 9to5Mac) a short time ago that he is hearing rumors of an announcement regarding a stock split coming at Apple’s shareholder meeting scheduled for tomorrow at the company’s headquarters in Cupertino, California. The stock has reversed course since Kass’s Tweet, moving from down $5 to up $5. Many observers, such as...
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