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Fidelity Contrafund sours on Apple, bolsters Tesla bet

BOSTON (Reuters) - Fidelity Contrafund <FCNTX.O> manager Will Danoff cut his stake in Apple Inc <AAPL.O> 28 percent during the first half of the year, citing the iPhone maker's "slowing growth profile." Full story

Apple CEO met China Mobile head, discussed cooperation

BEIJING/SINGAPORE (Reuters) - Apple Inc CEO Tim Cook on Tuesday met with the head of China Mobile Ltd, the world's largest mobile carrier by subscribers and the only Chinese carrier that doesn't offer iPhones and iPads. Full story

Ex-workers sue Apple, seek overtime for daily bag searches

SAN FRANCISCO (Reuters) - Two former Apple Inc employees have accused the iPhone maker in a lawsuit of subjecting hourly store workers to daily searches while they were off-the-clock, arguing they should be compensated. Full story

Ad groups plot to compete with new Publicis-Omnicom

LONDON/PARIS (Reuters) - A plan to merge Publicis <PUB.PA> and Omnicom <OMC.N> into the world's biggest advertising group has rivals ready to poach their blue-chip clients that might leave the new agency as it faces potential conflicts of interest. Full story

A Timeless Lesson in Portfolio Management

Looking at the results of the Father's Day portfolio and some lessons we can take away in regard to portfolio management. Full story

Group: Apple Supplier Violates Labor Laws

Apple and Pegatron Group say they will investigate the claims by China Labor Watch. Full story

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Articles

Apple's Mansfield no longer in exec team, moves to special projects

Software experts attack cars, to release code as hackers meet

Access to Apple developer site partially restored

Cirrus sinks as 1Q revenue misses estimates

Apple's smartphone market share slips

Insight: How Samsung is beating Apple in China

Could Your Next iPhone Have a Larger Screen?

TriQuint forecasts results above estimates; shares jump

IRS pursuing 'stateless income' tax enforcement: official

Falling Apple dents TD Ameritrade's margin loan balances

Video

  Listen to music while swimming with new tech

One of the latest tech trends to know about is a new Walkman that enables the user to download music at home and then listen to it while running, swimming or even in the shower. TODAY’s digital lifestyle expert Mario Armstrong reports.

  Apple's earnings beat

Apple strong earnings were fueled by iPhone sales, reports CNBC's Seema Mody.

  Very happy with Tim Cook: Pro

Apple is reporting Q3 EPS of $7.47 on revenue of $35.3 billion. Discussing whether Tim Cook was the right choice to take over for Steve Jobs as CEO, with CNBC's Julia Boorstin; Gene Munster, Piper Jaffray; Andy Hargreaves, Pacific Crest Securities; Neh...

  Apple earnings: A tough quarter

Daniel Ernst, Hudson Square Research Inc., says he continues to see fiscal year 2013 as Apple's "lost year." He says he's not excited about a cheap iPhone, because it's like asking Audi to sell a cheap car.

  New Moto X vs. iPhone

Jonathan Geller, Boy Genius Report, and Spencer Ante, The Wall Street Journal discuss whether Google's new Moto X phone can actually take a bite out of Apple's iPhone share.

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Related Photos

Apple Inc. CEO Tim Cook waves to the crowd during the Apple Worldwide Developers Conference (WWDC) 2013 in San Francisco, California June 10, 2013. REUTERS/Stephen Lam
Apple Inc. CEO Tim Cook waves to the crowd during the Apple Worldwide Developers Conference (WWDC) 2013 in San Francisco, California June 10, 2013. REUTERS/Stephen Lam

Apple Inc. CEO Tim Cook waves to the crowd during the Apple Worldwide Developers Conference 2013 in San Francisco, California June 10, 2013 file photo. REUTERS/Stephen Lam

A man uses Apple's iPhone as he holds prayer beads at an antique shop in Beijing
A man uses Apple's iPhone as he holds prayer beads at an antique shop in Beijing

A man uses Apple's iPhone as he holds prayer beads at an antique shop in Beijing July 31, 2013. Apple said last week that its April-June sales in Greater China, which includes Taiwan and Hong Kong, slumped 43 percent from the previous quarter. Greater China accounted for 13 percent of Apple's quarte

File photo of a logo of Apple Inc reflected on the back of a Samsung Galaxy Note smartphone in this photo illustration taken in Beijing
File photo of a logo of Apple Inc reflected on the back of a Samsung Galaxy Note smartphone in this photo illustration taken in Beijing

A logo of Apple Inc is reflected on the back of a Samsung Galaxy Note smartphone in this file photo illustration taken in Beijing June 5, 2013. Samsung, the South Korean giant, now has a 19 percent share of the $80 billion smartphone market in China, a market expected to surge to $117 billion by 201

File photo of a logo of Apple Inc reflected next to a Samsung Galaxy Note II smartphone in this photo illustration taken in Beijing
File photo of a logo of Apple Inc reflected next to a Samsung Galaxy Note II smartphone in this photo illustration taken in Beijing

A logo of Apple Inc is reflected next to a Samsung Galaxy Note II smartphone in this file photo illustration taken in Beijing June 3, 2013. Samsung, the South Korean giant, now has a 19 percent share of the $80 billion smartphone market in China, a market expected to surge to $117 billion by 2017, a