Apple profits top estimates even as competition dents China iPhone sales

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  Apple’s Revenue Increases 4 Percent Despite Slowing iPhone Sales

  The tech giant’s sales of apps and services helped profit grow 7 percent from a year ago, even as the company contended with slumping sales in China.
  
  The New York Times - 5h
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  Apple iPhone sales dip despite AI rollout

  The company's signature phone has been updated with artificial intelligence, but sales are down.
  
  BBC News - 5h
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  Apple reports sagging iPhone sales in China as first-quarter earnings barely beat Wall Street’s expectations

  Investors pay close attention to tech company’s foray into AI after Apple Intelligence’s glitches and inaccuracies. Apple slightly beat analysts’ expectations in its first-quarter earnings for ...
  
  The Guardian - 6h
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  Here’s Why Apple’s iPhone Market Share in China Is Plunging

  CEO Tim Cook has had over a decade to come up with a new growth engine for Apple and has not yet delivered.
  
  Inc. - Jan. 23

• Apple slides on disappointing iPhone data in China. Here's why we're not panicking

  Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
  
  CNBC - Jan. 16

• Apple loses smartphone crown in China as Vivo and Huawei outsell iPhone

  US tech giant faces competition on mainland as it struggles to introduce AI features on its flagship product
  
  Financial Times - Jan. 16

• Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength

  The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.
  
  CNBC - Jan. 15

• Apple offers rare iPhone discounts in China as foreign smartphone sales drop

  Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in one of the world’s most populous countries.
  
  MarketWatch - Jan. 3

• Apple offers holiday discount in China as Huawei competition heats up

  Apple is facing heightened competition from a resurgent Huawei and other domestic brands.
  
  CNBC - Jan. 3

More from Financial Times

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  China builds huge new wartime military command centre in Beijing

  Complex will be bigger than Pentagon and include bombproof bunkers for leaders, say US intelligence officials
  
  Financial Times - 7h
• 

  Trump blames Democrats and DEI for fatal Washington mid-air collision

  President cites ‘moment of anguish’ after helicopter collides with commercial jet leading to 67 deaths
  
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  The ‘conservative international’ battle with Britain

  This time around, the Trump victory comes as the UK is vulnerable to potent arguments from the right
  
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• 

  Elliott warns White House is inflating crypto bubble that ‘could wreak havoc’

  Supporting digital assets that could marginalise the dollar is ‘dangerous’, investor letter says
  
  Financial Times - 11h
• 

  US economy grew at 2.3% rate in fourth quarter

  Figure comes after Fed chair Jay Powell said there was no hurry to cut interest rates
  
  Financial Times - 13h

More in Business

• Samsung profit misses estimates, falls sharply from previous quarter as costs rise

  While fourth-quarter revenue and operating profit fell quarter on quarter, annual revenue reached the second-highest on record, Samsung said.
  
  CNBC - 44m

• Intel shows signs of progress in the face of another revenue decline

  The company says some customers may have stocked up on product ahead of tariffs.
  
  MarketWatch - 1h
• 

  Tell Us How Tariffs on Goods From China Will Affect Your Business

  The New York Times wants to talk to business owners about President Trump’s plan to impose additional duties on imports from China.
  
  The New York Times - 1h

• Loretta Ford, ‘Mother’ of the Nurse Practitioner Field, Dies at 104

  She transformed nursing by making it an area of clinical practice and research and recasting nurses as colleagues of doctors, not assistants.
  
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  How to Dontate to L.A. Wildfire Benefit FireAid

  Those who want to contribute to victims of the wildfires can visit FireAidLA.org.
  
  Inc. - 1h