Apple Inc. AAPL, +0.63% has canceled its wireless charging pad known as AirPower, citing hardware problems, according to a report Friday. Apple shares, which hit an intraday hjigh of $190.08, were last up 0.4% at $189.56. According to TechCrunch, Apple's head of hardware engineering spokesman Dan Riccio said the company was cancelling the project because the charging pad "will not achieve our high standards.
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