Apple
Company · Technology
Finance
Apple sell ratings rise as memory costs test new CEO
Apple's fiscal third quarter, ending 27 June 2026, looked strong on the surface. Revenue came in at US$109.4 billion, up 16 per cent year-on-year, and diluted earnings per share reached US$2.02, a 29 per cent jump.
Apple
Apple posts record $109bn June quarter as Cook era closes
Total net sales came in at $109.42 billion, up 16 per cent on the same period a year earlier, and net income of $29.79 billion was up 27 per cent from $23.43 billion. By any measure those are exceptional numbers for a June quarter. The market's reaction was to sell the stock.
Technology
Apple secures 15 billion US chips in $30b Broadcom deal
Apple inked a multiyear supply agreement with Broadcom on 8 July 2026 valued at more than US$30 billion and covering the production of over 15 billion US-made chips. Apple called it the largest single commitment made under its American Manufacturing Program.
Legal
Apple Sues OpenAI Alleging Trade Secret Theft
Apple filed a trade secret misappropriation complaint on 10 July 2026 against OpenAI and two former Apple employees in the U.S. District Court for the Northern District of California.
Geopolitics
Apple iOS 26.4 Software Update Expected to Launch This Week Across All Devices
Based on previous year trends, update anticipated between March 23-25 with improvements across iPhone, iPad, Mac, Watch, and Vision Pro.
AI
Apple to Unveil Siri as 'Systemwide AI Agent' at WWDC 2026
Rebuilt Siri gains deep app integration, conversational chat interface, and web-sourced summaries to compete with Perplexity and Google Gemini.
Geopolitics
iOS 26.4: 37 Security Fixes and AI Playlists
Playlist Playground lets you create playlists by describing what you want. There's also new emoji, offline Shazam, and a critical security patch.
AI
Amazon Building Another AI Phone After Fire Phone Disaster
The Fire Phone lasted one year. Alexa devices lost $25 billion. Now Amazon's ZeroOne team thinks AI can change the math.
Geopolitics
Australia's China Trade Surplus Shrinks to $19 Billion as Import Dependence Deepens
The bilateral surplus has collapsed from $45 billion to $19 billion in four years. Australia keeps buying Chinese manufactures while China quietly diversifies its iron ore sources.