This article first appeared on GuruFocus. Revenue: $143.8 billion, up 16% year-over-year. iPhone Revenue: $85.3 billion, up 23% year-over-year. Mac Revenue: $8.4 billion, down 7% year-over-year. iPad Revenue: $8.6 billion, up 6% year-over-year. Wearables, Home, and Accessories Revenue: $11.5 billion, down 2% year-over-year. Services Revenue: $30 billion, up 14% year-over-year. Gross Margin: 48.2%,...
This article first appeared on GuruFocus. Revenue: $143.8 billion, up 16% year-over-year. iPhone Revenue: $85.3 billion, up 23% year-over-year. Mac Revenue: $8.4 billion, down 7% year-over-year. iPad Revenue: $8.6 billion, up 6% year-over-year. Wearables, Home, and Accessories Revenue: $11.5 billion, down 2% year-over-year. Services Revenue: $30 billion, up 14% year-over-year. Gross Margin: 48.2%, up 100 basis points sequentially. Net Income: $42.1 billion. Earnings Per Share (EPS): $2.84, up 19% year-over-year. Operating Cash Flow: $53.9 billion, an all-time record. Installed Base: Over 2.5 billion active devices. Cash and Marketable Securities: $145 billion. Capital Return: Nearly $32 billion returned to shareholders. Release Date: January 29, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Apple Inc (NASDAQ:AAPL) reported its best-ever quarter with $143.8 billion in revenue, up 16% year-over-year. iPhone revenue reached an all-time high of $85.3 billion, growing 23% year-over-year. Services revenue set an all-time record of $30 billion, up 14% from the previous year. The company achieved all-time revenue records in multiple geographic segments, including the Americas, Europe, Japan, and Greater China. Apple Inc (NASDAQ:AAPL) surpassed 2.5 billion active devices, marking a new record for its installed base. Negative Points Mac revenue declined by 7% year-over-year, facing tough comparisons from previous product launches. Wearables, home, and accessories revenue decreased by 2% year-over-year due to constraints on AirPods Pro 3. The company is experiencing supply constraints, particularly with advanced nodes for its SOCs, impacting iPhone supply. Memory pricing is expected to have a more significant impact on gross margins in the upcoming quarter. Operating expenses increased by 19% year-over-year, driven by higher investment in R&D. Q & A Highlights Q: Can you discuss the impact of memory co...
Investor Gary Black of The Future Fund LLC thinks that Alphabet Inc.-backed (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo's crash incident could also be a major setback for Tesla Inc.'s (NASDAQ:TSLA) autonomous driving efforts amid NHTSA scrutiny. ‘Regulators Hit Pause Button,' Says Gary Black In a post on the social media platform X on Thursday, the investor cautioned the Tesla faithful against not rooting ...
Investor Gary Black of The Future Fund LLC thinks that Alphabet Inc.-backed (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo's crash incident could also be a major setback for Tesla Inc.'s (NASDAQ:TSLA) autonomous driving efforts amid NHTSA scrutiny. ‘Regulators Hit Pause Button,' Says Gary Black In a post on the social media platform X on Thursday, the investor cautioned the Tesla faithful against not rooting for Waymo to progress. "This should be obvious but don't root against Waymo on safety issues," Black said. He outlined that when Tesla's competitors "inflict injury or damage" with their AVs, it could pose regulatory hurdles for Tesla to scale up its AV business as "regulators hit the pause button." Waymo's Los Angeles Crash, Growth The incident, which now faces an NHTSA probe, occurred last week when a Waymo "Ojai" Robotaxi, built in collaboration with Chinese automaker Zeekr, which was being driven by a human driver, crashed into multiple parked cars in Los Angeles' Echo Park area. The Ojai Robotaxi was unveiled at the Consumer Electronics Show (CES) earlier this month and features Waymo's sixth-generation autonomous driving suite with over 13 cameras, 6 radar sensors, 4 LiDAR sensors, as well as heaters, wipers and sprayers. Tesla's Robotaxi Efforts Tesla also currently offers the service with an $8,000 one-time upfront payment, which will not be offered in the future once February 14 passes. According to Benzinga Edge Rankings, Tesla scores well on the Momentum metric and offers a favorable price trend in the Medium and Long term. Price Action: TSLA slipped 3.45% to $416.56 at Market close on Thursday, but jumped 2.87% to $428.50 during the after-hours session. Check out more of Benzinga's Future Of Mobility coverage by following this link. Photo courtesy: Shutterstock
(RTTNews) - Mapletree Pan Asia Commercial Trust (N2IU.SI, MPCMF) reported higher profit in its third quarter, despite weak gross revenues and net property income. In the third quarter, profit attributable to Unitholders grew 3.3 percent to S$108.16 million from last year's S$104.66 million Distribution per Unit was 2.05 Singapore cents, up 2.5 percent from 2.00 Singapore cents a year ago. Gross re...
(RTTNews) - Mapletree Pan Asia Commercial Trust (N2IU.SI, MPCMF) reported higher profit in its third quarter, despite weak gross revenues and net property income. In the third quarter, profit attributable to Unitholders grew 3.3 percent to S$108.16 million from last year's S$104.66 million Distribution per Unit was 2.05 Singapore cents, up 2.5 percent from 2.00 Singapore cents a year ago. Gross revenue, meanwhile, dropped 1.9 percent to S$219.45 million from S$223.67 million in the prior year. Net property income was S$164.94 million, down 1.2 percent from S$166.92 million a year ago. The company attributed the decline in gross revenue and net property income largely to lower overseas contributions and the absence of full-period contributions from TS Ikebukuro Building and ABAS Shin-Yokohama Building, which were divested on August 22, 2025 and August 28, 2025, respectively. However, Singapore's gross revenue grew 3.5 percent and NPI increased 5.3 percent. Regarding the proposed divestment of the office component of Festival Walk, the company said the divestment is targeted for completion in February 2026, and is not expected to have a material impact on MPACT's net asset value as at 31 March 2026, and NPI for fiscal 2026. In Singapore, the shares were losing around 0.7 percent, trading at S$1.4600. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Biggie Smalls, the rapper also known as the Notorious B.I.G., wasn’t lying when he said more money means more problems. While blue-collar industries in the US grapple with a labor shortage, typically higher-paying white-collar jobs are disappearing by the thousands. The latest example comes from Amazon, one of the world’s largest and wealthiest companies, which said this week it’s axing 16,000 cor...
Biggie Smalls, the rapper also known as the Notorious B.I.G., wasn’t lying when he said more money means more problems. While blue-collar industries in the US grapple with a labor shortage, typically higher-paying white-collar jobs are disappearing by the thousands. The latest example comes from Amazon, one of the world’s largest and wealthiest companies, which said this week it’s axing 16,000 corporate jobs, following the elimination of another 14,000 in October. “We’ve been working to strengthen our organization by reducing layers, increasing ownership, and removing bureaucracy,” Beth Galetti, senior vice president of people experience and technology at Amazon, said in a blog post Wednesday. Blame the Bots Jeff Bezos’ company isn’t the only one accelerating a so-called white-collar recession. Pinterest announced via a recent filing with the Securities and Exchange Commission that it plans to trim its 5,200-person workforce, by less than 15%. Chemicals company Dow is cutting 4,500 jobs as part of a new initiative to simplify operations and streamline processes, and The New York Times reported earlier this month that Meta plans to trim 10% of staff in its Reality Labs division, which employs about 15,000. What do all these layoffs have in common? They’re bringing fears of robots taking human jobs to a boiling point. Amazon and Meta have been heavily investing in AI, while Pinterest said its layoffs were partly due to its prioritization of AI-focused roles and products. Dow also pointed out that its “Transform to Outperform” plan would use AI to boost productivity and shareholder returns by streamlining operations. As AI-related layoffs accelerated late last year, experts told CNBC that some companies may be AI-washing their job cuts. “We spend a lot of time looking carefully at companies that are actually trying to implement AI, and there’s very little evidence that it cuts jobs anywhere near like the level that we’re talking about,” said Peter Cappelli, a professor...
Tim Cook took out his crossbow and shot an apple off the collective head of the company’s skeptics. In October, the Apple CEO set the bar high, saying that the December quarter’s revenue would be the “best-ever for the company and the best ever for iPhone.” Welp, it was. On Thursday, Apple said it notched record revenue and record iPhone sales. Revenue rose 16%, beating expectations, with sales in...
Tim Cook took out his crossbow and shot an apple off the collective head of the company’s skeptics. In October, the Apple CEO set the bar high, saying that the December quarter’s revenue would be the “best-ever for the company and the best ever for iPhone.” Welp, it was. On Thursday, Apple said it notched record revenue and record iPhone sales. Revenue rose 16%, beating expectations, with sales in China climbing 38% as Apple gains more market share from local rivals. It’s About Time Analysts think customers bought new iPhones for a boring reason: It was simply time to upgrade their old devices. The iPhone 17 came along right as people who last bought new iPhones during the pandemic started to notice their batteries dwindling and their screens accumulating one too many scratches. AI features may have helped to convince some shoppers it was time to upgrade, but for others, a smarter Siri was likely just a cherry on top. Now, Apple’s feeling the pressure to make AI a bigger focal point and catch up to its Magnificent 7 peers: The AI-upgraded Siri that Apple launched after a delay isn’t considered on par with rivals like ChatGPT — and Apple has actually struck a deal with OpenAI to pass some more difficult queries to ChatGPT. Additionally, Apple announced last week that it has partnered with Google to power its AI and plans to launch a smarter Siri this year. Bloomberg reports that Siri will get two updates, and the second will be a product much closer to ChatGPT. Yesterday, Apple made what the Financial Times reports is one of its largest-ever acquisitions, buying Q.AI for nearly $2 billion. The startup’s tech, which is patented for use in headphones and glasses, analyzes and interprets facial expressions as “silent speech.” Apple’s buy could help it get ahead of competitors in the AI wearables space and set it apart from products like Meta’s Ray-Ban glasses. Powered Up: Apple has to take a big bite out of 2026 to meet the expectations of investors, who want AI to be a...
The Wallenberg dynasty is corporate royalty in Sweden, known for its strict hierarchy, sense of civic duty and firm-handed guidance. But it was the experiment of a family icebreaker at the home of elder statesman Peter ‘Poker’ Wallenberg Jr more than a decade ago that set the stage for its latest succession efforts. It was a small but telling break with tradition: the aim not to anoint the next ro...
The Wallenberg dynasty is corporate royalty in Sweden, known for its strict hierarchy, sense of civic duty and firm-handed guidance. But it was the experiment of a family icebreaker at the home of elder statesman Peter ‘Poker’ Wallenberg Jr more than a decade ago that set the stage for its latest succession efforts. It was a small but telling break with tradition: the aim not to anoint the next round of leaders but to cajole cousins and members of the sprawling tradition-bound family to chat to one another. That low-key meeting now stands as the quiet beginning of a much broader overhaul — and a test of whether a family built on long-term control can modernize to confront rising challenges ahead. The stakes are high given the Wallenbergs’ power over the Swedish business landscape — from stakes in buyout firm EQT to telecoms giant Ericsson . Through an intricate web of foundations, holding companies and dual-class share structures, they wield outsized decision-making clout on their home turf, giving them by some accounts sway over about 40% of the companies on the local stock exchange. It’s a system some believe is ripe for an overhaul. In recent months, movement has quietly been afoot as the clan elevates new faces, with the so-called fifth generation leadership near conventional retirement age. Jacob Wallenberg Jr, 33, joined EQT as a board member and Fred Wallenberg, 35, became a director of the board at Investor AB, the family’s key investment vehicle. Other recent nominations include Martina Wallenberg, 36, to the board of lender SEB and Stephanie Gandet, 40, as a board member to the Knut and Alice Wallenberg Foundation , but it’s still far from clear who will ultimately take over. The largely untested new crop is set to inherit a range of issues along with the keys to a $40 billion business empire. While the dual-stock system is touted as promoting stability and a long-term perspective, some say it entrenches privilege and disadvantages minority shareholders. I...
On TV, you’re never really dead. When a beloved character is killed off on your favourite show, you can be forgiven some scepticism. Who’s to say they won’t be miraculously revived in future? The BBC hit The Night Manager brought arms-dealing antagonist Richard Roper (Hugh Laurie) back to life mid-series to face off against his old adversary, MI6 agent Jonathan Pine (Tom Hiddleston). The action du...
On TV, you’re never really dead. When a beloved character is killed off on your favourite show, you can be forgiven some scepticism. Who’s to say they won’t be miraculously revived in future? The BBC hit The Night Manager brought arms-dealing antagonist Richard Roper (Hugh Laurie) back to life mid-series to face off against his old adversary, MI6 agent Jonathan Pine (Tom Hiddleston). The action duly cranked up several gears, building temptingly towards Sunday’s finale. Will Roper be eliminated for good this time? View image in fullscreen Making a comeback! … Richard Dormer as Gerry in Blue Lights. Photograph: Steffan Hill/BBC/Gallagher Films/Two Cities Television Meanwhile, devotees of Bafta-winning Belfast police drama Blue Lights were abuzz at this week’s news that fan favourite Constable Gerry Cliff (Richard Dormer) – tragically shot dead during the debut series – will be making a shock return in the forthcoming fourth run. We’re assuming it’ll be in flashback, exploring his shadowy past in special branch, but will find out for sure when it airs this autumn. Yep, returning from the grave has become something of a TV trope. We’ve picked TV’s 10 best Lazarus moments. Beware: plot spoilers aplenty … 10 Jon Snow (Game of Thrones, 2011-2019) “They stabbed me. Olly put a knife in my heart. I shouldn’t be here.” Westeros heads went into mourning when Jon Snow (Kit Harington) perished in the season five finale, stabbed by the mutinous brothers of the Night’s Watch and left bleeding out in the snow. Luckily for the Bastard of the North, red priestess Melisandre (Carice van Houten) was able to resurrect him two episodes into season six. This mystery was never satisfactorily explained and seen by some as the start of the show’s decline in quality. The fur-shouldered favourite might have been better served by staying dead. 9 Dan Conner (Roseanne/The Conners, 1988-2025) Goodman’s alive! Patriarch Dan (John Goodman) was retrospectively revealed to have died of a heart attack i...
The UK’s first superfast-charging train running only on battery power will come into passenger service this weekend – operating a five-mile return route in west London. Great Western Railway (GWR) will send the converted London Underground train out from 5.30am to cover the full Saturday timetable on the West Ealing to Greenford branch line, four stops and 12 minutes each way, and now carrying up ...
The UK’s first superfast-charging train running only on battery power will come into passenger service this weekend – operating a five-mile return route in west London. Great Western Railway (GWR) will send the converted London Underground train out from 5.30am to cover the full Saturday timetable on the West Ealing to Greenford branch line, four stops and 12 minutes each way, and now carrying up to 273 passengers, should its celebrity stoke up the demand. The battery will recharge in just three and a half minutes back at West Ealing station between trips, using a 2,000kW charger connected to a few metres of rail that only becomes live when the train stops directly overhead. View image in fullscreen The train can travel up to 200 miles on a single charge. Photograph: Steve Cotton/Alamy There are hopes within government and industry that this technology could one day replace diesel trains on routes that have proved difficult or expensive to electrify with overhead wires, as the decarbonisation of rail continues. The train has proved itself capable of going more than 200 miles on a single charge – last year setting a world record for the farthest travelled by a battery-electric train, smashing a German record set in 2021. The GWR train and the fast-charge technology has been trialled on the 2.5-mile line since early 2024, but has not yet carried paying passengers. GWR’s engineering director, Simon Green, said: “This is a significant moment for all those involved in this innovative project and comes at a crucial time as we focus on plans to replace our ageing diesel fleet. View image in fullscreen The new train can carry 237 passengers. Photograph: James Manning/PA “Our fast-charge trial has successfully demonstrated that battery technology offers a reliable and efficient alternative to power electric trains, in cases where overhead lines aren’t possible or desirable.” Network Rail’s western route director, Marcus Jones, whose teams installed the fast-charge infrastruc...
Moving home can be incredibly stressful. How should you make sure you get everything from A to B without breakages or injuring yourself? Removal professionals share the secrets to a smash-free, smooth move. The more time, the less stress Manny Sahmbi, director of Happy2Move, a removals company in Slough, says he and his team can pack up the average four-bedroom house in a day. “Possibly even a fiv...
Moving home can be incredibly stressful. How should you make sure you get everything from A to B without breakages or injuring yourself? Removal professionals share the secrets to a smash-free, smooth move. The more time, the less stress Manny Sahmbi, director of Happy2Move, a removals company in Slough, says he and his team can pack up the average four-bedroom house in a day. “Possibly even a five or six-bed house, depending on the contents.” For people doing it themselves, he recommends a week for a one-bed, a fortnight for a two-bed and so on. “Book more than one day off work to move and don’t just leave a weekend to pack,” agrees Hannah Crawford – AKA Han With a Van – who is based in north London and offers “big sister energy” when helping clients with removals all over the UK. “Not only is it going to take you a bit of time practically to get everything packed, actually do the move and then unpack, but if you don’t give yourself enough time, then everything takes much longer to settle down at the other end.” Decluttering and packing to move are two different things, says Crawford: there isn’t time to have a big sort out if moving day is imminent. Measure up View image in fullscreen The sofa not fitting in a new place is a common problem when moving. Photograph: Posed by models. Resolution Productions/Getty Images/Tetra images RF It is easy to forget to take measurements in advance and then not be able to fit furniture into your new home. “The sofa is a common one,” says Sahmbi. “We take it to the new place and it is too big to fit because of windy stairs or other access issues.” In this situation – and despite running a storage business too – Sahmbi cautions against paying to keep things in a unit: “From my experience, it will end up staying there for years and you’re going to regret it. I always recommend either donating to a friend or a charity shop.” Become box savvy Always uses boxes not bags, says Crawford. “The number of times I’ve shown up and people hav...
The Sánchez government is under fire after two crashes. But politicians of all stripes have prioritised opening new lines over maintaining existing ones Spain has the most extensive high-speed rail network in Europe and the second-largest in the world after China. A source of immense national pride, the train system has grown and become more affordable thanks to a boom in rail passengers and compe...
The Sánchez government is under fire after two crashes. But politicians of all stripes have prioritised opening new lines over maintaining existing ones Spain has the most extensive high-speed rail network in Europe and the second-largest in the world after China. A source of immense national pride, the train system has grown and become more affordable thanks to a boom in rail passengers and competition among train companies. Every few minutes, a train departs from Madrid for Barcelona and vice versa, linking the country’s two most populous cities. This 600km journey takes less than three hours for an average fare of €65 . Thirty-four years after the first high-speed train between Madrid and Seville, the network now connects more than 50 cities in Spain . Along with being a badge of pride for the country, it even commands a rare political consensus. At least that was the case until this month’s calamities. In the first accident, one train derailed and collided with another near the town of Adamuz in Andalucía, killing 45 people and leaving dozens more injured. A second accident in Catalonia, caused by the collapse of a wall in bad weather, killed the driver of a commuter train in Barcelona. The local network, which has suffered delays and malfunctions for years, was completely halted for days as a result. María Ramírez is a journalist and deputy managing editor of elDiario.es, a news outlet in Spain Continue reading...
The Chronology of Water is a ‘punk rock ayahuasca trip’ of a film that takes no prisoners. Stewart and her star, Imogen Poots, talk about the passion and pain that fuelled it ‘The movie is to be eaten alive and re-metabolised and shat out differently, from everyone’s perspective,” says Kristen Stewart, bracingly. The actor’s directorial debut, The Chronology of Water, has been doing the rounds at ...
The Chronology of Water is a ‘punk rock ayahuasca trip’ of a film that takes no prisoners. Stewart and her star, Imogen Poots, talk about the passion and pain that fuelled it ‘The movie is to be eaten alive and re-metabolised and shat out differently, from everyone’s perspective,” says Kristen Stewart, bracingly. The actor’s directorial debut, The Chronology of Water, has been doing the rounds at film festivals, and when we meet in London the reviews are coming in. Stewart knows that this impressionistic, arthouse collage of a film – adapted from an experimental memoir about a woman’s pain and loss, the elusive nature of memory and the reclamation of desire – is not going to be for everyone. “My favourite Letterboxd review is: ‘The Chronology of what the fuck did I just watch?’” But it matters to her that people respond to it. “Whether it’s your least favourite movie or your most favourite, it’s not lying, it’s genuine. And I’m so fucking proud of that.” Stewart is sitting next to the film’s star, a slightly more sanguine Imogen Poots. Watching Stewart talk, her leg bouncing, her vocabulary ferocious, feels a bit like being sandblasted. It is invigorating and strangely galvanising, but you don’t go into a conversation with her half asleep. The same can be said for the film itself. “Language is a metaphor for experience,” writes the author Lidia Yuknavitch, at the beginning of the book on which it is based. “It’s as arbitrary as this mass of chaotic images we call memory.” Continue reading...
Bloomberg's Francine Lacqua sits down with Peter Wallenberg Jr., one of the three men leading Sweden's Wallenberg family empire. They discuss succession, and how they're confronting geopolitical uncertainty and technological change. (Source: Bloomberg)
Bloomberg's Francine Lacqua sits down with Peter Wallenberg Jr., one of the three men leading Sweden's Wallenberg family empire. They discuss succession, and how they're confronting geopolitical uncertainty and technological change. (Source: Bloomberg)