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Taylor Swift makes Apple change its free trial policy

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By NewsGram Staff Writer

Pop star Taylor Swift made Apple change its policy of three months of free trial period to the new users who will sign up for its iTunes services.

In an open letter addressed to Apple, Taylor implores Apple to understand that the new policy is extremely hard upon new and coming artists because they would not be able to support themselves along with all the other artists associated in various stages of song producing and writing.

Initially, Apple intended the services to be absolutely free for the users and the payments for artists was not part of the plan, in response to which the Bad Blood singer took down her album, 1989 from iTunes.

“These are not the complaints of a spoiled, petulant child,” she wrote in her letter. “These are the echoed sentiments of every artist, writer and producer in my social circles who are afraid to speak up publicly because we admire and respect Apple so much.”

But after Taylor’s letter, Apple decided to change its policy and pay the artists during the trial period. As tweeted by Eddy Cue, Apple’s senior Vice President to it’s internet softwares and services,

Taylor Swift retweeted and responded to Eddy Cue’s tweet by saying:

 

“We don’t ask you for free iPhones. Please don’t ask us to provide you with our music for no compensation,” Taylor wrote in her letter. Various artists took to twitter and lauded this change of policies by Apple and expressed their thanks for Taylor raising her voice to support them.

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Apple Accused of Fraud for Hiding Dop in iPhone Sales: Report

Apple’s disclosures in January caused its stock price to fall by more than $15 per share, or more than 9 percent

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The Apple logo is shown outside the company's Worldwide Developers Conference in San Francisco, California. VOA

A lawsuit filed in the US has alleged that Apple violated the country’s Securities Exchange Act by hiding a slowdown in the demand for iPhones, especially in China, the media reported.

The City of Roseville employees’ retirement fund filed the suit on Tuesday in Northern California US District Court, The Mercury News published from San Jose reported.

The lawsuit claimed that Apple knew in November its iPhone sales were hit, but refrained from revealing it to investors then, leading to economic loss for investors.

The lawsuit seeks class-action status, to bring in everyone who bought Apple common stock between November 2, 2018 and January 2, 2019, the report said, adding that the plaintiff is seeking a jury trial and unspecified damages.

Apple in November said it had gone into the holiday season with its “strongest lineup of products and services ever,” according to the suit.

But in reality, the US trade war with China was hurting the iPhone sales and Apple and its CEO Tim Cook were aware of it in November, claimed the lawsuit which said that Apple disclosed the “true state” of its first quarter iPhone sales only in January.

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Apple CEO Tim Cook speaks during a data privacy conference at the European Parliament in Brussels. VOA

The suit alleged that Apple and Cook’s “materially false and misleading statements” in November propped up the company’s stock, “which continued to trade at artificially inflated prices”.

But in January, Apple lowered its revenue guidance for fiscal 2019 first quarter, which ended on December 29.

In a letter to investors, Cook said that the company now expects a revenue of approximately $84 billion, down from the $89 to $93 billion it had previously projected.

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Cook acknowledged that the revenue shortfall in its guidance was partly due to China’s trade tensions with the US. The slowdown in the Chinese economy also impacted its revenue, he said.

Apple’s disclosures in January caused its stock price to fall by more than $15 per share, or more than 9 percent, the suit claimed. (IANS)