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DEFINITION of 'Warrant Coverage'. An agreement between a company and its shareholders whereby the company issues warrants equal to some percentage of the dollar amount of the shareholder's investment. Next Up.
U.S., Canada, Latin America and the Caribbean. WARRANTY COVERAGE. Apple's warranty obligations are limited to the terms set forth below: Apple Computer, Inc. (Apple) warrants this hardware product against defects in materials and workmanship for a period of ONE (1) YEAR from the date of original retail purchase.