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Apple beats Samsung in smartphone sales, reports record quarter

Tech giant Apple has reported record revenue in the last quarter, powered by a strong demand for its iPhone 7 Plus. It beat out rival Samsung to reclaim the position of world's top smartphone seller. Apple's revenues climbed to an all-time record $78.4billion (72.6 billion euros) compared with $75.9 billion (70.3 billion euros) in the same period a year earlier, the company said Tuesday. Apple said it sold 78.3 million iPhones in the fiscal first quarter ending December 31, up five percent from the same holiday shopping period in 2015. That beat the Korean company Samsung's 77.5 million smartphones in the quarter, for the first time since 2011. The growth allayed concerns that iPhone sales, which account for more than two-third of the company's total revenue, were softening due to three quarters of sequential decline. The statistics come at a time when global demand for smartphones is slowing and cheaper Android alternatives are flooding the market. "We're thrilled to report that our holiday quarter results generated Apple's highest quarterly revenue ever, and broke multiple records along the way," Apple chief executive Tim Cook said in the earnings release. "We sold more iPhones than ever before and set all-time revenue records for iPhone, services, Mac and Apple Watch," Cook added. The company, however, did see its revenue in the Chinese market drop 12 percent to $16.2 billion.

Tech giant Apple has reported record revenue in the last quarter, powered by a strong demand for its iPhone 7 Plus. It beat out rival Samsung to reclaim the position of world’s top smartphone seller. Apple’s revenues climbed to an all-time record $78.4billion (72.6 billion euros) compared with $75.9 billion (70.3 billion euros) in the same period a year earlier, ... Read More »

Facebook, Google and Twitter back Apple in encryption fight with FBI

Tech giants, including Facebook, have said Apple was right to refuse a court ruling to help the FBI break into the iPhone of a California shooter. Detectives think the shooter's phone could hold clues to the attack. "We will continue to fight aggressively against requirements for companies to weaken the security of their systems," a Facebook representative was cited by Reuters as saying on Thursday. "These demands would create a chilly precedent and obstruct companies' efforts to secure their products," the spokesperson added. The social media giant's public support of Apple follows similar backing by the likes of Google, Twitter and WhatsApp against a court order to help crack the encryption on an iPhone belonging to San Bernardino gunman Syed Rizwan Farook. On December 2, Farook and his wife killed 14 people in an attack at an office Christmas party, which officials say was inspired by the so-called "Islamic State" (IS) militant group. Google chief executive Sundar Pichai said the case "could be a troubling precedent" and warned that "forcing companies to enable hacking could compromise users' privacy." FBI adamant But two of New York's top law enforcement officers accused Apple of being irresponsible by not allowing investigators to hack into the phone. The FBI wants the tech giant to disable a feature that wipes the phone's data after 10 failed password entries. Police intend to use the software to try all password possibilities until it finds the right one. Manhattan District Attorney Cyrus R. Vance Jr. said the case was "the most visible example of how Silicon Valley's decisions are thwarting criminal investigations and impeding public safety." Vance's office currently holds 175 seized iPhones that remain inaccessible despite court orders allowing prosecutors to search the devices. Apple has until Tuesday to file a protest to the decision by a magistrate in California. The company's chief executive Tim Cook said the demand is dangerous and an overreach of government power. Analysts said Apple is likely to seek to invoke free speech protection measures as one of its key legal arguments to block the order. The company's defiance has led to a wide variety of supporting and opposing comments on social media, with some people calling for users to #boycottapple.

Tech giants, including Facebook, have said Apple was right to refuse a court ruling to help the FBI break into the iPhone of a California shooter. Detectives think the shooter’s phone could hold clues to the attack. “We will continue to fight aggressively against requirements for companies to weaken the security of their systems,” a Facebook representative was cited by ... Read More »

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