APPLE PLANNING INVESTMENTS WORTH $430 BILLION IN THE US OVER FIVE YEARS

Highlights

• Apple Inc. is planning to invest more than $430 billion in the US along with generating 20,000 jobs across the country over the period of next five years

• Apple had previously announced five-year goal of $350 billion in the year 2018

Tech gian...

APPLE CEO TIM COOK WELCOMES PRESIDENT JOE BIDEN’S IMMIGRATION REFORMS

Highlights

• “This effort will strengthen American communities and the pathways to opportunity this country has long fostered” said Tim Cook in a statement

• Along with Cook, Biden’s reforms were also welcomed by Google executive Sundar Pichai

APPLE CEO TIM COOK'S REMUNERATION WENT UP TO $15 MILLION IN 2020

Highlights

• Chief Executive Officer (CEO) of Apple Inc Tim Cook earned $14,769,259 in the year 2020 which has been increased by 28 percent as compared to last year

• As per the Securities and Exchange Commission (SEC), Cook’s non-equity incentive plan compensa...

APPLE ONE: NEWEST STREAMING PLATFORM ON THE BLOCK

Highlights

• With Apple One, Apple directly aims to take on Amazon Prime along with Netflix, Disney Plus and other streaming platforms

• Apple arrives with three plans, individual, family and premier, and each plan offers some subset or combination of Apple Music, Ap...

EUROPEAN COMMISSION’S RULING OVERTURNED; APPLE WINS TAX BILL CASE WORTH 13 BILLION EUROS

Highlights: 

• Apple wins its 2016 tax bill case against the European Commission
• The Tax bill was worth 13 billion Euros 

2016, the European Commission ruled that Apple Inc had to pay Ireland over 13 billion euros in taxes. It was alleged tha...

APPLE LOOKS TO SHIFT A PART OF iPHONE PRODUCTION FROM CHINA TO INDIA

Highlights

• Apple may shift one fifth of its production to India

• Apple will ask its contractors, Foxconn and Wistron to produce smartphones worth $40 billion in India

Technology giant Apple Inc. is planning to move nearly 20 percent of its production cap...

Apple WILL CLOSE ITS RETAIL STORES TILL 27 MARCH: DELAYS LAUNCH OF SE2 & iPhone 12

Highlights:

• Apple gets hits by coronavirus effects
• Delays launch of SE2 7 and iPhone 12
• Announces shutting its retail stores till 27 March

With China still coping with t...

INDIA TO GET FIRST APPLE STORE 2021

HIGHLIGHTS

• Launch its first stores in India in 2021.
• The new information was announced at the company's yearly shareholders' meeting.
• The tech giant cautioned investors initially this month that it expected to miss its quarterly ear...