apple

Apple suffers 1st quarterly sales decline in nearly 4 years

The Associated Press Apple has posted its first quarterly revenue drop in nearly four years. It suffered from pandemic-driven restrictions on its China factories that curtailed sales of the latest iPhone during the holiday season. The company’s sales of $117.15…

Apple CEO Tim Cook to take more than 40% pay cut

The Associated Press Apple CEO Tim Cook will take a more than 40% pay cut this year from a year earlier as the company adjusts how it calculates his compensation. Apple Inc. said in a regulatory filing that Cook’s target…

Apple maintains prices on new iPhones despite inflation

CUPERTINO, Calif. (AP) - Apple revealed its next line-up of iPhones will boast better cameras, faster processors, and a longer-lasting battery at the same prices as last year’s model, despite the mounting pressures of inflation that has driven up the…