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 - 14 hours ago

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

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

Business - CNBC - 2 hours ago

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 - 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 - 19 hours ago

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 - 4 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

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

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

The WNBA’s historic 2024 season: How rookie stars like Caitlin Clark are helping the league grow

The women’s basketball league will start making an extra $140 million a year starting in 2025.

Business - MarketWatch - October 21

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 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

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

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 - 3 days ago

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.

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

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 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 - 2 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 - 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 - 1 hour ago

Veterans demand better payout for gay ban

Leading charities have written to the prime minister, calling the average payments "unacceptably low".

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

‘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 - 6 days ago

Adidas Raises Guidance on Better-Than-Expected Results

The German sportswear company cited better-than-expected results for the third quarter and brand momentum.

Business - The Wall Street Journal - October 15

Why Trump’s Chances Are Better Than They Look

For many undecided voters, the inflation issue isn’t going away.

Top stories - The New York Times - October 21

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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