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Apple becomes first company worth over $700 bn

Apple became the first company to reach a market value of $700 billion Tuesday as shares vaulted amid upbeat news on the US tech giant's gains in the smartphone market and soon-to-arrive smartwatch.

dateFeb 10, 2015 in Business
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Smartphone Snapshot: Samsung getting squeezed

The runaway success of Apple's newest iPhone has fueled a dramatic shift in the global market: the California tech giant is now neck-and-neck with South Korea's Samsung for the title of world's leading seller ...

dateJan 29, 2015 in Business
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SK Hynix Q4 profit doubles to record level

South Korean chipmaker SK Hynix said Wednesday its profits more than doubled in the fourth quarter to a record high, thanks to the soaring popularity of new mobile devices such as Apple's iPhones.

dateJan 28, 2015 in Business
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Apple's Cook gets hefty bonus for 2014

Apple CEO Tim Cook got a hefty cash bonus that brought his total compensation to $9.2 million last year. That's more than double what he received the previous year, as the company enjoyed a surge in sales and profit fueled ...

dateJan 23, 2015 in Business
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