Apple revealed its March-quarter financial results on Tuesday, which saw profits up, but iPhone sales down. Perhaps the most interesting news of the week however was more information about Apple's rumored Amazon Echo competitor, based on Siri.
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Everything you need to know:
- The Siri speaker may feature high-end audio and be announced as soon as June > >
- Apple generated $52.9 billion in revenue in the March quarter, but saw iPhone sales slip to 50.8 million > >
- The company is creating a $1 billion "advanced manufacturing fund" in the U.S. > >
- CEO Tim Cook blamed some lost sales on "iPhone 8" leaks > >
- Qualcomm may try to block U.S. iPhone imports > >
- Graphics tech supplier Imagination is in "dispute resolution" with Apple > >
- Major apps have been leaving the Apple Watch > >
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A roundup of all of our hottest stories this week:
Apple's Siri-based Echo competitor to carry premium price, feature high-end audio with 1 woofer & 7 tweetersApple falls just shy of expectations with $52.9B in revenue, iPhone sales dip again to 50.8MApple to create $1B 'advanced manufacturing fund' in USApple's Tim Cook says increasing pace of 'iPhone 8' leaks hurting salesQualcomm seeks to block US iPhone imports - reportImagination enters dispute resolution with Apple, prepares to sell off secondary businessesMajor apps abandoning Apple Watch, including Google Maps, Amazon & eBay Amazon may finally cave, bring Prime Video to Apple TV this summerApple's latest bond sale more modest than earlier offerings, hits $7 billionApp Store price increases mandated by Apple now in effect in EU, with new 0.49 euro tierNew charity auction offers lunch with Tim Cook at Apple Park HQMetallica's Lars Ulrich to host weekly Beats 1 show on Apple Music