by Adam Patterson | March 28, 2012 11:49 am
Here are your Apple rumors and AAPL news items for Wednesday:
Apple May Offer Aussie iPad Refund: In light of consumer complaints that Apple’s new iPad is unable to sync with Australian 4G networks, the tech giant is considering a mass consumer refund. Bloomberg reports that Apple has just announced it may offer Australian purchasers of the new iPad a full refund following broad dissatisfaction with the tablet’s telecom compatibility. It remains to be seen, though, whether that could prove a setback for Apple against tablet competitors Amazon (NASDAQ:AMZN) and Barnes & Noble (NYSE:BKS).
Tim Cook Meets With Chinese Vice-Premier: As part of an ongoing corporate diplomacy mission, Apple (NASDAQ:AAPL) CEO Tim Cook has started holding talks with Chinese Vice-Premier Li Keqiang. The Wall Street Journal reports that the second day of Cook’s PR mission to China was centered on fostering strong relations between the Apple board and China’s most likely future leader. The CEO’s much-publicized visit seems explicitly political: Positive communication with the figurehead slated to become the leader of the world’s largest market for Apple handhelds may prove crucial in light of ongoing legal difficulties with China.
Taiwanese Firm Makes Aggressive Bid for Apple TV: Following rapid development of Apple’s streaming-content product, Taiwanese tech manufacturer Hon Hai Precision (PINK:HNHAF) has made clear intentions to be a key Apple TV manufacturing partner. As Reuters reports, Hon Hai’s aggressive business move may be angled toward snatching a manufacturing pact from Korean competitor LG Display (NYSE:LPL), and could begin a shift at Apple in working more closely with Hon Hai.
Adam Patterson is an Assistant Editor of InvestorPlace. As of this writing, he did not hold a position in any of the aforementioned securities. For more from the company, check out our previous Apple Rumors stories.
Source URL: http://investorplace.com/2012/03/wednesday-apple-rumors-apple-may-offer-ipad-refund/
Short URL: http://invstplc.com/1fxI4nR
Copyright ©2015 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.