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Added on the 01/02/2016 15:04:34 - Copyright : IDG UK
Technology fans start lining up outside Apple stores in Sydney and Tokyo one day ahead of the iPhone 7 launch. But as David Pollard warns, Apple has warned that supplies of some model options are already running short.
Japan gets an early taste of Apple iPhone 4 fever
Apple CEO Tim Cook's pay package totaled $14.7 million last year. Business Insider reports that's around a 28% jump from 2019. Apple disclosed in its annual proxy statement on Tuesday. Cook's compensation included a base salary of $3 million, $10.7 million in performance-based pay. He also received nearly $1 million in travel and security expenses.
On Friday, Apple shares fell as much as 5.6%. The drop comes after the tech giant's fiscal fourth-quarter figures failed to meet analysts' expectations. Business Insider reports the slide saw as much as $111 billion erased from Apple's market cap. The company beat estimates for overall revenue and profit. iPhone sales were well below Apple's expectations. Apple's updated phone lineup was released roughly one month later than usual. The delay almost guaranteed sales of the new models will first materialize in its current-quarter report.
Apple's new iPhones could look to the past for their designs.
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