Sunday, August 6, 2023

Apple acknowledges the US "smartphone market has been in a decline for the last couple of quarters"; sources: iPhone 15 sales will start around September 22 (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
Apple acknowledges the US “smartphone market has been in a decline for the last couple of quarters”; sources: iPhone 15 sales will start around September 22  —  On the cusp of the iPhone 15 debut, Apple has finally admitted what has long been clear: The industry is facing a smartphone slowdown.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...