Apple made more money from higher priced iPhones in the latest quarter, even as the number of phones it sold did not change much. The sluggish unit growth means Apple is no longer the second-biggest smartphone maker behind Samsung. Huawei took that spot, research firm IDC said Tuesday, with 54.2 million phones versus Apple’s 41.3 […]
Why Apple Plunked $1 Billion into Chinese Ride-hailing
Apple new $1 billion investment in the Chinese ride-hailing service Didi Chuxing is as much about currying favor with regulators as directly expanding its own business, analysts said. Apple might need the help; it faces slowing iPhone sales and tougher restrictions on its services in the country. The investment — one of Apple’s largest to date — […]