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FirstFT: Apple sales beat expectations despite China decline
Also in today’s newsletter, a Hong Kong insider trading case, and US law firm Mayer Brown to hive off China operationsFinancial Times - World - China -
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Apple sees biggest fall in sales for a year
Apple's boss fought back doubts over the firm's future growth.BBC News - Top stories - Apple -
DraftKings posts surge in revenue, hikes full-year sales guidance
DraftKings Inc. rang up a huge spike in revenue and raised its full-year sales guidance on Thursday, sending its stock up nearly 2% in extended trading.MarketWatch - Business -
Apple Sales Fall as iPhone, China Businesses Remain Sluggish
The iPhone maker authorized $110 billion in share buybacks and forecast a return to revenue growth in the current quarter.The Wall Street Journal - Tech - Apple -
Apple reports slumping iPhone sales as global demand weakens
iPhone sales fell 10% compared with the same time period last year, but the company still beat Wall Street’s expectations. Apple released its earnings report on Thursday, revealing a drop in overall revenue fueled by slackening iPhone sales.. ...The Guardian - World - Apple -
Apple Reports Decline in Sales and Profit Amid iPhone Struggles in China
The company continues to lean on customers’ appetite for apps and services, as demand for its devices weakens.The New York Times - Top stories - Apple -
Georgia governor signs law adding regulations for production and sale of herbal supplement kratom
Georgia’s governor has signed a bill putting new regulations on the production and sale of products containing kratom, a plant-based supplementABC News - Health -
Apple announces largest-ever $110 billion share buyback as iPhone sales drop 10%
Apple CEO Tim Cook told CNBC that quarterly sales suffered from a difficult comparison to the year-earlier period.CNBC - Business - Apple -
Apple’s revenue falls less than feared despite rocky start to the year
Tech giant’s shares rise as executives project optimism about the coming months and announce $110bn stock buybackFinancial Times - Business -
Apple's quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback news
Apple has posted its steepest quarterly decline in iPhone sales since the pandemic’s outsetABC News - Tech -
Apple's falling iPhone sales don't bother Wall Street so long as margins, buybacks are increasing
Apple shares jumped after the company's earnings report on Thursday even though iPhone sales dropped more than expected.CNBC - Business - Apple