Apple says its new iPhone X the "biggest leap forward to the original iPhone." But with sales flagging, and the competition already outpacing Apple with smartphone innovations, the question investors have is whether the leap is big enough.
Samsung, the world's largest chipmaker, has flagged a massive drop in earnings, blaming weaker sales and falling prices. Is the tech giant's first profit decline in two years a harbinger of the chip boom fizzling out?
US tech giant Apple has reported stellar earnings for the third quarter and offered a rosy forecast for the holiday shopping season, as long lines were forming at Apple stores for the company's new iPhone X.
Apple has debuted its largest-ever iPhone to compete with Samsung, which has led the trend toward big-screen phones. European customers will have to dig deeper into their pockets for the new devices than those in the US.
Long known as one of the most valuable firms in the world, the US tech giant hit a milestone market capitalization of a trillion dollars as its stock price keeps inching higher. It's a watershed moment for the company.
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