John Ternus, Apple’s new CEO, has spent the first two months in his new post celebrating a batch of fresh products, particularly the release of the foldable iPhone Duo. On Monday, the 51-year-old executive introduced himself to Wall Street for his first quarterly earnings call. The reception was not so friendly. While Apple beat September-quarter
Apple had a record-breaking quarter for iPhone sales — despite not releasing a standard model during its latest refresh. In its fourth-quarter earnings report released on Monday, Apple says it earned $57.58 billion in iPhone revenue, a 17 percent jump from the same time last year. Apple reported a 12 percent increase in revenue overall,
China is stepping up efforts to shore up its stock market after a sharp reversal in the AI trade sent technology stocks tumbling. On Monday, Beijing announced a new round of central bank swap operations to support stocks, saying 31 securities firms and fund managers had applied for more than 100 billion Chinese yuan, or
Before this weekend’s tragedy, Adam Robinson was carving out a picture-perfect life and a contrarian lane in tech entrepreneurship. The 45-year-old tech founder died in a private plane crash on Sunday near Greenacres and Palm Beach, Florida, along with his wife, their two young children, their nanny, and two friends. They were flying from Austin
Could an AI barista know you’re craving an iced caramel macchiato? Starbucks says it will begin testing artificial intelligence for drive-up ordering — including recognizing customers as they approach — as the company focuses on integrating more automated tech, CEO Brian Niccol said on last week’s fourth-quarter 2026 earnings call. The idea is to make
Apple CEO John Ternus doesn’t have a timeline for when iPhone Duo supply constraints could lift. During an interview with Reuters, Ternus said the company is “working hard to get it to as many customers as quickly as possible, but at this point, we’re not able to predict when supply and demand will be in
