Apple is earning more money than ever before. But still investors are increasingly wary. The reason: with sluggish sales in China, experts fear iPhone sales may have peaked.
US tech giant Apple has reported stellar earnings for the third quarter and offered a rosy forecast for the holiday shopping season, as long lines were forming at Apple stores for the company's new iPhone X.
New relevations about Apple's tax avoidance strategy are making headlines as the Paradise Papers scandal unfolds further. EU finance ministers are due to discuss the issue during talks in Brussels on Tuesday.
Germany is the biggest loser when it comes to profit transfers to tax havens. But according to international tax expert Gabriel Zucman from UC Berkeley, the eurozone's biggest economy could change this quickly.
As US tech giant Apple officially starts selling its new and expensive iPhone X, customers are meant to love its AI-ready features. But the firm's rivals are already in the starting blocks or even ahead of the curve.
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