Indonesia has prohibited the marketing and sale of the iPhone 16 model over Apple's failure to meet local investment regulations, according to its industry ministry.

Indonesia stops sales of iPhone 16 over lack of Apple investment in country

Apple boosted its capital return programme by $50 billion

Apple posts surprise dip in iPhone sales, shares fall

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Indonesia stops sales of iPhone 16 over lack of Apple investment in country

Apple posts surprise dip in iPhone sales, shares fall