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In the U.S., Apple was accused of securities fraud

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Apple was accused of securities fraud. Corresponding to a class-action lawsuit filed by the pension system of employees of the city of Roseville, Michigan, in Federal court in Oakland, California.

В США Apple обвинили в мошенничестве с ценными бумагами

According to the plaintiffs, a company trying to hide information about the demand for iPhones, particularly in China, led to a fall in its market value of $ 74 billion in just one day as soon as the truth became known.

The lawsuit seeks to recover losses for investors who bought Apple shares in the two months before January 2 Executive officer Tim cook unexpectedly cut its quarterly forecast of Apple’s revenue to $ 9 billion, partly due to growing trade war with China.

The source notes that this was the first time since the release of the first iPhone in 2007 when Apple lowered its revenue forecast.

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Apple

Don’t Let Your Apple Card Touch Basically Anything

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Like most Apple products, the company’s new titanium credit card looks (and sounds) sleek and elegant.

And, like most Apple products, it requires a pretty strict care routine.

Alongside Tuesday’s wide release of Apple Card, Cupertino shared instructions on how to protect and maintain the alabaster charge plate.

First things first: Store the credit card in a wallet, pocket, or bag made of soft fabrics—but preferably not leather or denim (the two most popular wallet/pocket materials), which can cause permanent discoloration.

Also avoid placing it in the same slot or billfold as another (i.e. lesser) piece of plastic that could scratch the Apple Card.

The firm urges users to stay vigilant, never touching their titanium card to any hard surfaces or materials—tabletops, card readers, loose change, etc.—to prevent damage.

If your precious does mistakenly come in contact with a contaminant, gently wipe it with a soft, slightly damp (preferably with isopropyl alcohol), lint-free microfiber cloth (one of which anyone who is anyone carries at all times).

Whatever you do, never use household cleaners, compressed air, aerosol sprays, solvents, ammonia, or abrasives.

Finally—and this just feels like common sense—don’t store your Apple Card near magnets that will probably desensitize the magnetic strip.

All of this is a moot point, of course, for the majority of users who will simply manage their Goldman Sachs-backed MasterCard entirely through Apple Wallet.

“We’re thrilled with the overwhelming interest in Apple Card and its positive reception,” Jennifer Bailey, vice president of Apple Pay, said this week. “Customers have told us they love Apple Card’s simplicity and how it gives them a better view of their spending.”

Among its perks are 24/7 support, weekly and monthly spending summaries, and a transaction history featuring full names of vendors and splash images matching the spending category.

Plus, you don’t have to worry about annual, late, international, or over-the-limit fees. And the firm promised it won’t track where customers shop, what they buy, or how much they spend.

Credit limits vary depending on the applicant’s income, among other factors.

Keep up with the Apple Card via its dedicated Twitter account, which launched in April but has tweeted only once since this week’s nationwide expansion.

Watch This Next: Apple to Sue Corellium over ‘Illegal Replication’ of iOS

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Apple

Part of the Apple Watch Series 5 will get a display manufacturing Japan Display

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Well-known analyst Ming-Chi Kuo (Ming-Chi Kuo), which last year moved from KGI Securities International Securities in the TF, but, contrary to initial information, continued to give subsequently confirmed predictions about products Apple, announced that Apple Watch 5 Series will use OLED display manufacturing Japan Display.

Thus, he confirmed the information published by Reuters in April.

Часть часов Apple Watch Series 5 получит дисплеи производства Japan Display

Evaluation of the launch of Japan Display gets about 20% of orders for displays for the Apple Watch Series 5. The percentage of orders will gradually increase, and by 2021 will reach 70-80%.

The company Japan Display later entered the market with OLED and was in a difficult financial situation, as demand for LCD screens dropped before the company managed to make OLED panel as a new source of income. In July failed to agree on the receipt of fundsnecessary to avoid bankruptcy. According to unofficial data, the $ 100 million of the total amount of 738 million dollars received from Apple.

Note that as of April this year, the company Japan Display already owed Apple a billion dollars. The iPhone maker is the most important client Display — in 2018, he earned nearly 60% of revenue.

The announcement of the Apple Watch Series 5 is expected in September, simultaneously with the new iPhone.

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Corephotonics delivers the third lawsuit against Apple

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Israeli company Corephotonics dealing with camera technology, has filed a lawsuit against Apple. The plaintiff claims that some of its patents are violated in modern smartphones iPhone, equipped with dual cameras.

Corephotonics подает третий иск против Apple

In recent years, the company Corephotonics has already filed several lawsuits against Apple, and in 2012 the parties are negotiating about cooperation, but I can’t find a compromise.

For many years, Corephotonics have discussed the modules with two cameras with a team of Apple engineers. Moreover, in 2012, Apple was granted access to the five-element lens, in 2014, test boards and lenses, as well as software tools for the modeling of lenses and prototypes. According to the plaintiff, it was extremely important for the development of the cameras of the iPhone.

In 2016, Apple released the iPhone 7 Plus, not having signed a pre-deal with Corephotonics. Then Corephotonics tried to negotiate with Apple about a partnership, but to no avail.

Later, after examining the camera modules Plus the iPhone 7 and iPhone 8 Plus, a developer of technology came to the conclusion that they use its patents, which Apple did not think to license. In November 2017, the company Corephotonics has filed the first lawsuit. The second lawsuit followed in April 2018, and touched the iPhone X, and this claim is referred to the iPhone XS and XS Max.

It remains to add that some time ago the company Corephotonics acquired company Samsung, paying $ 155 million.

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