Without fanfare, Apple launches new iPhone for the budget-minded
Apple on Wednesday unveiled a new entry-level iPhone, aiming to appeal to consumers facing a suddenly bleak economic backdrop.
Apr 15, 2020
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Apple on Wednesday unveiled a new entry-level iPhone, aiming to appeal to consumers facing a suddenly bleak economic backdrop.
Apr 15, 2020
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100
Apple Inc. is backing off plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize, according to people familiar with the matter.
Sep 28, 2022
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In economics, a recession is a general slowdown in economic activity over a sustained period of time, or a business cycle contraction. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes and business profits all fall during recessions.
Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.
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