Apple’s (AAPL) iPhone 16 series will be available in Indonesia starting April 11, after Jakarta lifted a sales ban following Apple’s more than $300M investment plan, Reuters’ Stanley Widianto reports. Sales of the device were banned in Indonesia last year as the company failed to meet composition requirements for parts to be locally made.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAPL:
- Amazon Stock (AMZN) Looks Like a Rare Bargain, According to Investors
- Apple’s (AAPL) iPhone 16 Set to Hit Indonesian Shelves from April 11
- Apple (AAPL) Eyes AI Data Center Battle after Siri Misfires, Says Loop Capital
- Apple set to avert EU fine into browser options, Reuters reports
- Apple iPhone users holding onto phones for longer, says UBS