Mobile

Apple, suppliers drop on report of weak iPhone X demand

Shares in Apple Inc and several of its Asian suppliers fell on Tuesday after a report by Taiwan's Economic Daily and comments from some analysts suggested iPhone X demand could come in below expectations in the first quarter.

BlackBerry loses payment dispute with Nokia, to pay $137M

An arbitration court ordered smartphone pioneer BlackBerry Ltd to pay $137 million to Nokia to settle a payment dispute and the Canadian company said it would pursue a separate patent infringement case against the Finnish firm.

Verizon Sees Up to $10 Billion of 4Q Charges

Verizon Communications plans to take up to $10 billion worth of charges in the fourth quarter tied to pension liabilities as well as about $1 billion of Hurricane Sandy-related costs.

Apple’s controversial use of offshore tax haven isn’t illegal

A trove of leaked documents relating to offshore investments raised questions early this week about Apple’s (NASDAQ: AAPL) use of an Irish tax haven, a tactic that allowed the tech giant to avoid paying income taxes, saving billions of dollars in profit.