Latest in Apple Announces $46 Billion in Global iPhone Sales as AI Helps End Slump
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Apple Announces $46 Billion in Global iPhone Sales as AI Helps End Slump
Putting artificial intelligence tech into its flagship product ensured the summer quarter had a positive turnaround.Business - Inc. - 4 hours ago -
Apple sells $46 billion worth of iPhones over the summer as AI helps end slump
Apple snapped out of a recent iPhone sales slump during its summertime quarterTech - ABC News - Yesterday -
Apple's AI features roll out on iPhones - but not for all
The new features include notification summaries and tools to assist users in writing messages.Top stories - BBC News - 3 days ago -
Georgia election official appeals to Musk over foreign disinformation on X
Brad Raffensperger says viral post alleging repeat voting in US state is likely from ‘Russian troll farms’World - Financial Times - 19 hours ago -
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Low-volatility ETFs lose favour as investors jump to buffered peers
Despite poor returns in recent years, analysts say people could be missing out on their long-term investment potentialWorld - Financial Times - 15 hours ago -
Apple commits $1.5 billion to Globalstar for expanded iPhone satellite services
Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services.Business - CNBC - 2 hours ago -
Indonesia blocks Apple iPhone 16 sales over lack of investment
Marketing and sale of model prohibited after tech giant fails to meet rule 40% of phones be made from local parts. Indonesia has prohibited the marketing and sale of the iPhone 16 model over ...World - The Guardian - 4 days ago -
Apple sales rise 6%, company seeing early iPhone 16 demand
Apple reported earnings after the bell. Here are the results.Business - CNBC - 8 hours ago -
Apple cautious on holiday outlook as it starts AI rollout
Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ featuresBusiness - Financial Times - 8 hours ago -
Apple Sales Hit Quarterly Record as iPhone Business Rebounds
Apple reported revenue reached an all-time high for the September quarter, propelled by a modest rebound in iPhone sales that came ahead of its release of new artificial-intelligence tools.Business - The Wall Street Journal - 21 hours ago -
Apple launches the iPhone into the AI era with free software update
Apple has released a free software update that will inject its first dose of artificial intelligence into its iPhone 16 line-up as the trendsetting company tries to catch up with technology’s ...Tech - ABC News - 4 days ago -
Apple to buy Pixelmator, the iPhone image editing app with AI features
Pixelmator said there "will be no material changes to the Pixelmator Pro, Pixelmator for iOS, and Photomator apps at this time."Business - CNBC - 5 hours ago -
Apple is trying to sell loyal iPhone users on AI tools. Here's what Apple Intelligence can do
Apple customers starting on Wednesday can go to Apple stores for sessions on Apple Intelligence — the company's suite of AI tools.Entertainment - Los Angeles Times - Yesterday -
Apple Intelligence is key to new iPhone sales, but don’t expect a big revenue jolt right away
With Monday’s rollout of Apple Intelligence on Apple Inc.’s newest iPhones, investors need to remember that the addition of generative artificial intelligence is unlikely to immediately lead to a ...Business - MarketWatch - 4 days ago -
Apple reports robust demand for iPhone 16 even as overall sales in China slow
Company reports $94.9bn in revenue, slightly beating Wall Street projections in first look at demand for its new phone. Apple reported strong demand for the iPhone 16 in its quarterly earnings ...World - The Guardian - Yesterday -
iPhone 16 Plus review: Apple’s battery beast
Enlarged iPhone gains two new buttons, faster chip and better camera, while lasting a long time on a charge. Apple’s iPhone 16 Plus takes the regular iPhone and adds two things: a much bigger ...World - The Guardian - October 22 -
Apple banned from selling iPhone 16 in Indonesia
Government says US company’s investment in the country has fallen shortBusiness - Financial Times - 4 days ago -
Apple releases Apple Intelligence. Here's how to get it on your iPhone
The release is a critical milestone for Apple, which is relying on the feature launch to power its marketing campaign for the iPhone 16.Business - CNBC - 4 days ago -
Wall Street slumps as rates climb, and more negativity on the iPhone 16 emerges
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 23 -
Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it
Microsoft on Wednesday reported its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying offTech - ABC News - Yesterday -
FirstFT: Twin scandals hit PwC’s Asia profits
Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?World - Financial Times - 3 days ago -
LVMH stock falls on slumping luxury sales in China
LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter salesBusiness - MarketWatch - October 16 -
Starbucks Suspends Guidance as Sales Slump Persists
The coffee chain needs to “fundamentally change” strategy, the new CEO, Brian Niccol, said. Shares fell in premarket trading.Business - The Wall Street Journal - October 23 -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - 2 days ago -
iPhone 16 review: more buttons and speed for Apple’s standard phone
Smallest and cheapest new model plays catchup to Pro iPhones with strong battery life but familiar design. Apple’s latest iPhone bucks the trend of buttons vanishing from phones, gaining not one ...World - The Guardian - October 17 -
Apple’s iPhone 16 is selling 20% faster in China than its predecessor, report says
Chinese consumers had previously shown relatively little interest in the iPhone 15, which was criticized for a lack of new featuresBusiness - MarketWatch - October 18 -
Indonesia’s iPhone 16 ban will hurt consumers more than Apple
Government decision to block sale of latest iPhone is far from disastrous for tech groupWorld - Financial Times - 4 days ago -
Trump's wealth slumps by $1.9 billion amid DJT stock plunge
Trump Media & Technology Group's stock, which trades under DJT, is plunging just days before the November 5 election.Top stories - CBS News - Yesterday -
ASML says chip-market slump will mainly impact sales to China
A day after a profit warning that rocked the stock market, executives at ASML Holding said the slower-than-expected recovery in the microchip market will have the sharpest impact on sales to China ...Business - MarketWatch - October 16 -
Estée Lauder shares plunge as China sales slump prompts dividend cut
Beauty group’s stock drops 25% after guidance withdrawn for rest of yearBusiness - Financial Times - Yesterday -
The end of US global dominance presents an opportunity for America
Clinging to hegemony leads only to more costly interventions and strategic failures, as evidenced by recent decades of U.S. foreign policy.Politics - The Hill - October 15