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Surging Treasury yields expose a brutal truth: America has no margin for error on its $39 trillion debt

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U.S. says deals with Iran for safe Hormuz transit are prohibited

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After a judge ordered Trump's name be removed from the Kennedy Center, president says it will 'soon be closed, probably never to open again'
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Dutch Judge Cracks Down on Apple Over iPad Replacements

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April 25, 2017, 12:58 PM ET

Apple must replace faulty iPads exchanged under its Apple Care warranty program with new products rather than refurbished ones, a Dutch judge ruled earlier this month.

On April 18, the court ruled that a woman who had a purchased an iPad 2 Air in 2015 and returned the device to Apple due to problems with its Wi-Fi connectivity was entitled to a new device. Apple had attempted to give the woman a refurbished iPad, as the company allows for in the terms of service of its Apple Care programs, but the woman refused to accept it.

“A replacement iPad is, despite everything that Apple has argued about it, not a new iPad, but a replacement,” the judge wrote. “Apple is not selling ‘replacements’ as new in the market.”

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Apple (AAPL) sells refurbished devices through its authorized partners such as mobile phone carriers. Apple did not immediately return a request for comment on the ruling.

A civil lawsuit has been filed on similar grounds in federal court in California. The case is set for trial in December 2018.

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