Apple paid homage to its late co-founder Steve Jobs for the 10-year anniversary of the iPhone on Tuesday when it unveiled its latest -- and, at US$999, its most expensive -- new version of the device, the iPhone X.
Apple is expected to sell its fanciest iPhone yet for US$1,000, crossing into a new financial frontier that will test how much consumers are willing to pay for a device that's become an indispensable part of modern life.
Apple's faithful fans and investors won't have to wait much longer to see what the iPhone maker has in store next. The company sent out invitations Thursday to set Sept. 12 as the date for an annual post-labour Day showcase.
Apple CEO Tim Cook has collected US$89.6 million as part of a 10-year deal that he signed as an incentive to keep the iPhone maker at the forefront of the technology industry after he took over the reins in 2011 from company co-founder Steve Jobs.
Iowa approved a deal Thursday to give Apple US$208 million in state and local tax breaks to build two data storage centres near Des Moines and to create at least 50 jobs -- a pact that critics quickly panned