Apple has agreed to pay $490 million to settle a lawsuit over concealing a drop in iPhone demand in China
Apple has entered into a $490 million settlement to resolve a class action lawsuit alleging that CEO Tim Cook falsely informed investors about declining demand for iPhones in China, Reuters reports. The agreement was filed in the U.S. District Court in Oakland, California, and is pending approval by Judge Yvonne Gonzalez Rogers. The lawsuit follows […]