The iPhone 7 equipped with 32 gigabytes (GB) of NAND flash memory has $219.80 in bill of materials costs, according to a preliminary estimate from IHS Markit.
Spotify has filed a complaint against Apple with the European Commission alleging unfair business practices that disadvantage the company as it competes with Apple Music.
IBM has signed a definitive agreement to acquire all issued and outstanding common shares of Red Hat for $190 per share in cash, a total value of about $34 billion.
Lumentum, the company that makes vertical-cavity-surface-emitting laser (VCSEL) for Apple's Face ID, has announced a sooner than expected increase in shipments.