Apple sales rise 6%, company seeing early iPhone 16 demand

Apple reported earnings after the bell. Here are the results.

Business - CNBC - 6 hours 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 - 8 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 - 3 days ago

Apple analyst Kuo says company cut iPhone 16 orders by 10 million units

Apple shares slid Wednesday after industry supply chain analyst Ming-Chi Kuo said the company has cut orders for the iPhone 16 by about 10 million units.

Business - CNBC - October 23

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 short

Business - Financial Times - 3 days ago

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 - 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 features

Business - 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 group

World - Financial Times - 3 days ago

Apple cautious on holiday outlook as it starts AI rollout

Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ features

Business - Financial Times - 6 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 - 4 hours ago

Verizon earnings imply Apple’s iPhone 16 didn’t have the most ‘auspicious start’

Verizon’s third quarter didn’t include too many days of iPhone 16 sales, but the company’s low upgrade rate is still worth keeping an eye on.

Business - MarketWatch - October 22

Apple returns to top 5 smartphone ranking in China with iPhone 16 as Huawei battle ramps up

Apple returned to the top five ranking of China's smartphone market, helped by the launch of the iPhone 16, but its growth was still outpaced by Huawei.

Business - CNBC - 6 days ago

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 - 3 days 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 quarter

Tech - ABC News - 7 hours 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 - 2 hours ago

The Best iPhone 16 Cases, Tested and Reviewed (2024)

I’ve tested more than 80 cases for Apple’s iPhone 16 range. These are the best cases, along with a few MagSafe accessories.

Tech - Wired - 6 days ago

Lilly’s Mounjaro, Zepbound drugs see strong demand. So why did sales disappoint?

Eli Lilly’s stock heads for biggest selloff in more than three years after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.

Business - MarketWatch - Yesterday

iPhone 16 and 16 Pro Step Up AAA Gaming On Mobile

With the iPhone 16 lineup of phones, both the base 16 and 16 Pro can play AAA games. How do they compare to one another? How has AAA gaming on iPhone improved in the last year?

Tech - GameSpot - October 16

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.

ASML share plunge wipes over $50 billion off Dutch chip giant's value

ASML published its third-quarter earnings Tuesday, a day earlier than expected.

Business - CNBC - October 16

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 - 3 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

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 - 3 days 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

Nvidia overtakes Apple as world’s most valuable company

Nvidia dethroned Apple as the world’s most valuable company on Friday following a record-setting rally in the stock, powered by insatiable demand for its specialized artificial intelligence chips.

L’Oréal sales disappoint due to weak Chinese demand

Revenue at world’s biggest beauty company grew 3.4 per cent in third quarter, when analysts expected 6 per cent

Business - Financial Times - October 22

GSK cuts vaccine sales target on reduced demand

U.K. drugmaker GSK on Wednesday cut its vaccine sales guidance for the year after what it called lower-than-expected demand.

Business - MarketWatch - Yesterday

Jim Cramer says Apple stock can 'blow through' records on real iPhone data out of China

New Counterpoint data is the second positive iPhone report this week after a recent slew of mixed Wall Street analysts' commentary.

Business - CNBC - October 18

Sanofi Earnings Boosted by Early Vaccine Sales

The pharmaceutical company reported third-quarter earnings and sales that beat analysts’ expectations, boosted by earlier-than-anticipated deliveries of flu and respiratory syncytial virus vaccines ...

Business - The Wall Street Journal - 6 days ago

Nvidia Share Price Moves Could Unseat Apple as Most Valuable Company

Investors are driving up market capitalizations for the chipmaker, Apple, and Microsoft so fast it’s hard to know which company holds the top spot.

Business - Inc. - October 15

Chinese smartphone companies tout AI features ahead of Apple Intelligence launch

Chinese smartphone companies are rolling out artificial intelligence features for local users, adding pressure on Apple.

Business - CNBC - October 23

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