Apple on Thursday announced the financial results for the third quarter of 2020, and considering the economic circumstances, they’re pretty amazing. The company posted a revenue of $59.7 billion with a net quarterly profit of $11.25 billion. Both revenue and earnings per share were June quarter records. The gross margin for the quarter stood at […]
Tag: global
According to CNET, South Korea’s Fair Trade Commission (FTC) has ordered Google and Apple to remove specific clauses pertaining to refunds contained within applications’ terms and services on both Google’s Play Store and Apple’s App Store (for iPhone and iPad). The Commission declared that the clauses were, “explicitly unfair and responsible for damages to the consumer”. In a press release, […]