Apple is expected to hold an event to introduce its new iPhones on September 9, a source told The Wall Street Journal.
It’s widely expected to launch two large-screen iPhones, one with a 4.7 inch display and another with a 5.5 inch display.
The company declined to comment.
Fox withdraws proposal to buy Time Warner
Fox has announced it has withdrawn its $80 billion bid for the TV and movie conglomerate Time Warner.
Fox chief executive officer Rupert Murdoch says his Time Warner counterpart Jeff Bewkes wouldn’t sit down and negotiate a deal, and Fox wasn’t going to negotiate with themselves.
Time Warner shares fell after Fox announced it had withdrawn the proposal.
Apple App Store breaking records
Apple’s App Store saw record-setting revenue numbers in July, the company told CNBC.
In addition to those numbers, the company also said its app store saw a record number of customers making transactions.
Overnight
The Dow Jones Industrial Average is down 139.81 to 16,429.47. The Australian dollar is currently trading at US93 cents.
Kye began his career at a Fairfax daily on the North-West Coast of Tasmania. He has since taken his belongings, and keen interest in technology, to Melbourne. He has a bachelor of Arts majoring in Political Science from the University of Tasmania and a Graduate Diploma in Journalism from RMIT University.
