Apple Stock News
On June 17th, Apple shares were lower in early trading after a Chinese bureau claimed the United States tech giant may have infringed on patents in their iPhone 6 and iPhone 6s Plus, according to a number of various reports. Shenzhen Baili, a small electronics maker, says the iPhone could be too similar to it’s 100c phone. As a result, Apple could have to halt the sale of iPhones. The company can contest the rule, but had no comment on it’s next move.
Apple is putting its foot down when it comes to aiding the Republican presidential convention in Cleveland next month, due to the disputable comments made by Donald Trump. Politico, citing two unnamed sources aware of Apple’s plans, reported on Saturday that the tech mogul isn’t providing technology or funding for the GOP event. Apple said that the remarks that the presumed Republican nominee has made about women, minorities, and immigrants led to the decision. They were asked to confirm the report, but the company declined to comment. Tech firms, including Apple, have supported both the Democratic and the Republican conventions in previous years. In 2008, Apple provided around $140,000 in MacBooks and other tools to the presidential events, says Politico, citing campaign finance records. Tony Romm, a reporter, says that Apple’s political stand against the candidate e traced back to calling for a boycott of the company’s products, and denouncing of CEO Tim Cook, over Apple’s position on encryption.