{"id":13729,"date":"2024-03-15T22:37:52","date_gmt":"2024-03-15T21:37:52","guid":{"rendered":"https:\/\/costops.com\/index.php\/2024\/03\/15\/apple-to-pay-490m-to-settle-claims-it-misled-investors-over-sales-in-china\/"},"modified":"2024-03-15T22:37:52","modified_gmt":"2024-03-15T21:37:52","slug":"apple-to-pay-490m-to-settle-claims-it-misled-investors-over-sales-in-china","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/03\/15\/apple-to-pay-490m-to-settle-claims-it-misled-investors-over-sales-in-china\/","title":{"rendered":"Apple to pay $490m to settle claims it misled investors over sales in China"},"content":{"rendered":"

Company denied that Tim Cook deceived investors when he said iPhone sales were strong weeks before revenue warning<\/p>\n

Apple has agreed to pay $490m to settle a class-action lawsuit alleging chief executive Tim Cook misled investors about a steep downturn in iPhone\u2019s sales in China that culminated in a jarring revision to the company\u2019s revenue forecast.<\/p>\n

The preliminary settlement filed Friday in Oakland, California, federal court stems from a shareholder lawsuit focused on the way Apple relayed information about how iPhone models released in September 2018 were performing in China, one of the company\u2019s biggest markets.<\/p>\n

Continue reading…<\/a>
\nCompany denied that Tim Cook deceived investors when he said iPhone sales were strong weeks before revenue warning
\nApple has agreed to pay $490m to settle a class-action lawsuit alleging chief executive Tim Cook misled investors about a steep downturn in iPhone\u2019s sales in China that culminated in a jarring revision to the company\u2019s revenue forecast.
\nThe preliminary settlement filed Friday in Oakland, California, federal court stems from a shareholder lawsuit focused on the way Apple relayed information about how iPhone models released in September 2018 were performing in China, one of the company\u2019s biggest markets. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

Company denied that Tim Cook deceived investors when he said iPhone sales were strong weeks before revenue warning Apple has agreed to pay $490m to settle a class-action lawsuit alleging chief executive Tim Cook misled investors about a steep downturn in iPhone\u2019s sales in China that culminated in a jarring revision to the company\u2019s revenue …<\/p>\n

Apple to pay $490m to settle claims it misled investors over sales in China<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":13730,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/13729"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=13729"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/13729\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/13730"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=13729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=13729"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=13729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}