Apple stuck it to the naysayers with better than feared financials, emerging iPhone 16 demand

Apple stuck it to the naysayers with better-than-feared financials, emerging iPhone 16 demand

While maintaining our wait-for-a-pullback 2 rating for the time being, we're increasing our price target to $250 per share from $240.

Business - CNBC - November 1

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

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

Business - CNBC - November 1

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 - 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

Apple banned from selling iPhone 16 in Indonesia

Government says US company’s investment in the country has fallen short

Business - 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

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 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 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 smartphones

Business - Financial Times - 2 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 - 2 days ago

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 - October 25

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 - Yesterday

‘This election season has worn me out’: I love this country, but I’m no better off financially than I was 10 years ago. Why vote?

“I’m in my mid-40s, female, single, and working a nine-to-five job.”

Business - MarketWatch - November 5

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.

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

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 - October 25

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

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 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 - 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 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

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 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 Store

Business - Financial Times - November 5

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 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

Mortgage demand stalls as financial markets digest Trump presidency

While tiny, the week's increase in total application volume marked the first rise in overall demand in seven weeks.

Business - CNBC - November 13

Mortgage demand stalls as financial markets digest Trump presidency

Mortgage rates continued to climb last week as investors considered the future of the economy under a Trump presidency.

‘There is no money’: Cuba fears total collapse amid grid failure and financial crisis

Repeated blackouts leave residents concerned about food, water supply and Cuba’s future. Maria Elena Cárdenas is 76 and lives in a municipal shelter on Amargura Street in Havana’s colonial old ...

World - The Guardian - October 26

Apple MacBook Pro M4 review: faster, better and cheaper

Chip, memory, battery and power upgrades add to laptop’s appeal along with new webcam and Apple Intelligence. Apple’s upgraded MacBook Pro for 2024 gets a significant power boost with the M4 chip, ...

World - The Guardian - November 8

An Appreciation: Fernando Valenzuela and Fernandomania

Fernando Valenzuela, who died on Tuesday at age 63, was a teenage phenomenon from Mexico who remade the Dodgers’ fan base and put his country on the baseball map.

Lifestyle - The New York Times - October 24

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