Apple has not succeeded in overturning a lawsuit that alleges CEO Tim Cook defrauded shareholders by withholding knowledge of falling demand in China.The lawsuit references Apple's November 2018 analyst call,
Apple has not succeeded in overturning a lawsuit that alleges CEO Tim Cook defrauded shareholders by withholding knowledge of falling demand in China.
The lawsuit references Apple's November 2018 analyst call, in which Cook said that Apple was seeing what he described as sales pressure in some markets. However, he then stated, "I would not put China in that category."U.S. District Judge Yvonne Gonzalez Rogers said jurors could reasonably infer that Cook was discussing Apple's sales outlook in China, not past performance or the impact of currency changes. according to Reuters.

Read more...

original link


You may also be interested in this

‘Monarch: Legacy of…

Apple may be working on video content for the Apple Vision Pro, with "Monarch: Legacy of Monsters" possibly being made with the headset in mind.[Twitter/@sigjudge]The Apple Vision Pro offers users

Stay ahead of cyber threa…

Whether you want to protect your own business or specialize in an area of IT, which is increasingly in demand for a variety of industries, training in cybersecurity is key.

Apple’s 1TB MacBook…

The $800 price cut delivers the cheapest price we've seen on the 1TB M1 Pro MacBook Pro 16-inch configuration. Plus, get free expedited shipping within the contiguous U.S.Save $800 on

Apple Tysons Corner will …

After a move to the other side of the mall to a larger location, Apple's first-ever retail store is set to reopen on May 19, 22 years after its original

Amazon’s Matter upg…

On this week's episode of the Homekit Insider podcast, your hosts discuss Amazon's Matter implementation for iOS users, some new smart shade options, and break down a new sous vide

Apple iPhone’s market sha…

Colombia’s Q1 2023 smartphone shipments fell 9% YoY, but Apple’s iPhone showed remarkable resiliency with a 60% YoY increase in shipment volume, doubling iPhone’s share of the country’s smartphone market

Apple Releases iOS 16.5 a…

Apple today released iOS 16.5 and iPadOS 16.5, the fifth updates to the iOS 16 and iPadOS 16 operating systems that came out last September. iOS 16.5 comes over a

Apple unveils opening dat…

Apple is preparing a new retail store at the iconic Battersea Power Station in London, with the opening date set for June 15, and plans to offer tours.Apple created special
X

A whimsical homage to the days in black and white, celebrating the magic of Mac OS. Dress up your blog with retro, chunky-grade pixellated graphics to evoke some serious computer nostalgia. Supports a custom menu, custom header image, custom background, two footer widget areas, and a full-width page template. I updated Stuart Brown's 2011 masterpiece to meet the needs of the times, made it responsive , got dark mode, custom search widget and more.You can download it from tigaman.com, where you can also find more useful code snippets and plugins to get even more out of wordpress.