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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Apple    AAPL

APPLE (AAPL)
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Apple : House Republicans want answers on Apple throttling older iPhone speeds

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01/13/2018 | 07:28pm CEST

Four U.S.House Republicans, including the chairman of the Energy and Commerce Committee, on Friday wrote Apple Inc (AAPL.O) chief executive Tim Cook asking him to answer questions about its disclosure that it slowed older iPhones with flagging batteries. The California-based company apologized over the issue on Dec. 28, cut battery replacement costs and said it will change its software to show users whether their phone battery is good. The letter also said they were concerned about reports that an iPhone battery overheated and began to emit smoke in Switzerland. U.S. Senator John Thune, who chairs the Senate Commerce Committee, sent a similar letter to Apple on Tuesday. Apple did not immediately respond to a request for comment Friday.

(c) 2018 2017. Alyammamah Press Est. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2018 264 B
EBIT 2018 70 266 M
Net income 2018 58 714 M
Finance 2018 130 B
Yield 2018 1,27%
P/E ratio 2018 18,54
P/E ratio 2019 16,02
EV / Sales 2018 3,49x
EV / Sales 2019 3,38x
Capitalization 1 051 B
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Mean consensus OUTPERFORM
Number of Analysts 40
Average target price 234 $
Spread / Average Target 7,3%
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Managers
NameTitle
Timothy Donald Cook Chief Executive Officer & Director
Arthur D. Levinson Chairman
Jeffrey E. Williams Chief Operating Officer
Luca Maestri Chief Financial Officer, SVP & VP-Human Resources
Kevin M. Lynch Vice President-Technology
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