A group of Australian banks, which have applied to the Australian Competition and Consumer Commission for leave to jointly talk to Apple about gaining access to Apple Pay and the near field communication (NFC) on iPhones, have modified their demands, stating that they only want open access to the NFC function.
Apple sold a record 78.3 million iPhones during the first quarter of fiscal 2017 which ended on 31 December 2016, the company announced on Tuesday, US time.
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