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This week on AI: Apple rakes in $88.3B holiday, 'iOS 12' features delayed, iPhone X production cuts & more

The standout news was Apple's most lucrative quarter ever, fueled by the iPhone despite an apparent decline in units. We also caught a glimpse of what's coming — and not coming — to this year's "iOS 12."

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Everything you need to know:

  • Apple chalked up $88.3 billion in revenue last quarter, despite missing iPhone forecasts > >
  • "iOS 12" features like a redesigned homescreen are being postponed > >
  • Other delayed features include multiplayer AR and new photo-sorting code > >
  • Apple is facing U.S. government scrutiny over throttling iPhones > >
  • iPhone X production is allegedly being cut in half > >
  • Subsequent stories cast doubt on that idea, however > >
  • As many as three Macs could use Apple's T-series chips this year > >

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A roundup of all of our hottest stories this week: