Apple’s revenue increased by 6% in the fourth fiscal quarter, driven by a rebound in iPhone sales and growth across all business units except for wearables. Total sales for the quarter ended September 28 reached $94.9 billion, slightly exceeding Wall Street expectations of $94.6 billion. iPhone sales grew by 5.4% to $46.2 billion, marking a … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Early on Wednesday, a significant fire broke out at a BAE Systems shipyard in north-west England where nuclear submarines are constructed, leading to two individuals being hospitalized. The fire was first reported at 12.44am at … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. McDonald’s experienced a second consecutive decline in sales during the third quarter, as it grappled with weak consumer demand in international markets like France, the UK, the Middle East, and China. The fast-food giant reported … Read more
The New York Times recently published a guest column by an English teacher advocating for high school students to take on less in order to achieve better results. However, responses from students at three schools on October 10 highlighted the prevalent issue of stress and overscheduling. While the intention behind the call to reduce expectations … Read more