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The high cost of subsidizing the iPhone, which has done more to fill Apple's (NAS: AAPL) coffers than those of this country's major mobile carriers, has just taken a bite out of one mobile ...
[21] [22] On 28 February 2020, Apple agreed to a $500 million settlement in a California court, under which it plans to pay at least $25 to all U.S. residents who had purchased an iPhone 6, 6 Plus, 6S, 6S Plus, SE, 7 or 7 Plus device . [23] A separate investigation from 34 states and the District of Columbia also looked into the battery practice.
According to company reports and advocacy, Apple's suppliers in China have improperly disposed of hazardous waste and falsified records. [ 49 ] Forty-nine young workers were poisoned at the Lianjian Technology factory in Suzhou Industrial Park by the toxic chemical hexane , used to wipe clean the iPad display screens and speed up efficiency.
Among the biggest threats to Apple's iPhone sales in the country — which fell by almost 8%, to $66.9 billion, in its latest fiscal year — is the rise of new powerful smartphones from domestic ...
Apple has agreed to pay $490 million to settle a class-action lawsuit alleging CEO Tim Cook misled investors about a steep downturn in iPhone's sales in China that culminated in a jarring revision ...
Apple Inc. has been the subject of criticism and legal action. This includes its handling labor violations at its outsourced manufacturing hubs in China, its environmental impact of its supply chains, tax and monopoly practices, a lack of diversity and women in leadership in corporate and retail, various labor conditions (mishandling sexual misconduct complaints), and its response to worker ...
The pattern of suing and countersuing really began in 2009 as growth in the demand for smartphones accelerated dramatically with the advent of the modern smartphone, which combined a responsive touch screen with a modern multi-tasking operating system, a browser that provided full web access and an application store, in the form of the Apple iPhone 3G and the first Android phones.
Apple agreed in 2020 to pay between $310 and $500 million as part of a settlement in response to complaints that the company’s software updates were deliberately throttling the performance of ...