Why China Slowdown Didn’t Make Apple Crumble...
Apple Inc. said it will have another record holiday, fueled by enduring demand for the iPhone. The company said sales in the quarter ending in December will be $75.5 billion to $77.5 billion, topping last year’s record. Chief Executive Officer Tim Cook attributed the forecast to customers upgrading to the latest iPhone models, converts switching over from Android handsets and continued growth in China.
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Apple Said to Ready Watch With Cellular Connection
54:23 - Apple Inc. is planning to release a version of its smartwatch later this year that can connect directly to cellular networks, a move designed to reduce the device’s reliance on the iPhone, people familiar with the matter said. Bloomberg's Mark Gurman has more on "What'd You Miss?" (Source: Bloomberg)