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. - November 1 -
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 - October 31 -
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 - October 29 -
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 - November 1 -
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 - November 1 -
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 - November 1 -
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 - October 28 -
Apple sales rise 6%, company seeing early iPhone 16 demand
Apple reported earnings after the bell. Here are the results.Business - CNBC - November 1 -
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 - November 1 -
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 - October 31 -
Apple's four-phone strategy is lagging. One idea to reviving sales: Cut the cameras
Every year since 2020, when Apple moved to a four-model lineup, one of them has lagged in terms of sales.Business - CNBC - November 12 -
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 - October 28 -
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 - November 1 -
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 - October 30 -
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 - October 28 -
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 - October 31 -
Indonesia wants Apple to sweeten its $100 million proposal as tech giant lobbies for iPhone 16 sales
The Indonesian government expects Apple to invest more than $100 million into the country if it wants to sell its iPhone 16 in the growing market.Business - CNBC - 2 days ago -
Apple banned from selling iPhone 16 in Indonesia
Government says US company’s investment in the country has fallen shortBusiness - Financial Times - October 28 -
Is Apple’s iPhone 16 Pro Good for Games?
Apple claims its newest line of phones will let you play everything from Apple Arcade indies to AAA titles. It does, but don't expect a console-level experience.Tech - Wired - November 4 -
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 - October 28 -
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 - October 30 -
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 - October 29 -
Market responds negatively to latest China stimulus moves
Futures on Hong Kong-listed stocks slumped on Friday after the country unveiled its stimulus program.Business - MarketWatch - November 8 -
Why a Focus on Value May Help Fast-Food Chains End 2024 With Renewed Sales Growth
After terrible second-quarter sales and middling-to-poor Q3 results, a recovery for fast-food chains may already be under way.Business - Inc. - November 6 -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - October 30 -
Volvo Global Sales Boosted by EVs
The carmaker’s global sales rose 3% in October, with solid performance of its electrified range in Europe, but sales in the U.S. and China declined.Business - The Wall Street Journal - November 4 -
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 - October 28 -
Apple iPhone 16 Pro Max review: totally maxed out
Even bigger titanium superphone packs very long battery life and great camera but Apple Intelligence isn’t killer feature. The iPhone 16 Pro Max is Apple’s latest superphone, with a massive screen, ...World - The Guardian - November 4 -
Apple warns future products may never be as profitable as iPhone
Analysts say artificial intelligence and virtual reality headsets might have lower margins than smartphones and App StoreBusiness - Financial Times - November 5 -
Apple proposes Indonesian factory in bid to reverse iPhone 16 ban
Investment of $100mn in key market would help meet requirement for 40% local content in smartphonesBusiness - Financial Times - 3 days ago -
Apple Offers $100 Million Investment in Indonesia to Lift iPhone 16 Ban
The amount the U.S. tech giant has offered is 10 times higher than an initial plan to invest $10 million and will be invested over the next two years.Tech - The Wall Street Journal - 3 days ago