Apple rebounds with revenue growth, but China challenges persist

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Apple's third-quarter results revealed a return to sales growth, exceeding Wall Street expectations across all product lines. The company's optimistic outlook suggests continued growth in the current quarter, mirroring the 5% increase achieved in the previous period.

However, China remains a persistent hurdle. While Apple reported improvements compared to the first half of the year, revenue in the region fell short of analyst forecasts and declined year-over-year. Despite executive optimism, the Chinese market continues to pose challenges.

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Google to launch Pixel devices on August 13

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In a surprising move, Google is set to unveil its latest Pixel lineup on August 13, marking a significant departure from the company's usual October launch window. This earlier-than-expected event could be a strategic attempt to avoid overlapping with Apple's September product launch or to minimize pre-release leaks. The highly anticipated event is expected to feature the Pixel 9 smartphone, new Pixel Buds, a larger Pixel Watch, and an updated Pixel Fold. You can sign up to get more details about the new devices here.

Apple Intelligence delayed, will reportedly arrive in October update

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Apple's highly anticipated AI features, collectively known as Apple Intelligence, will not be included in the upcoming iPhone launch in September. According to multiple sources, the tech giant plans to release the AI capabilities through a software update in October.

While Apple is set to introduce Apple Intelligence to developers this week with the iOS 18.1 and iPadOS 18.1 betas, the service will be exclusive to devices equipped with the A17 and M series chips.

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Apple Intelligence: Here what's available now

Image: Mark Gurman

Apple gave developers a sneak peek at their new artificial intelligence suite, Apple Intelligence, but consumers will have to wait. The features won't arrive until iOS 18.1 (expected in October) and may not live up to the initial hype. Bloomberg's Mark Gurman discussed in his Power On newsletter. Here's what you can expect:

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