Apple’s iPhone 16e

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	Forwarded this email? Subscribe here for more Chinese sales of foreign phone makers, including Apple, drop 9.7% in May MacDailyNews Jul 7   READ IN APP   Apple’s iPhone 16e Sales of foreign-branded mobile phones in China, including Apple, dropped 9.7% year-on-year in May, according to data from a government-affiliated research firm released on Friday. Reuters: ‎ Calculations based on the data from the China Academy of Information and Communications Technology (CAICT) showed that May shipments of foreign-branded phones in China fell to 4.54 million handsets from the same month last year. As the largest foreign mobile phone maker in China’s smartphone-dominated market, Apple’s performance plays a significant role in the overall data on foreign-branded phone sales in the country… The CAICT data did not give specific figures for Apple. Shipments of phones within China were down 21.8% year-on-year to 23.72 million handsets for the month, the data showed. ‎ MacDailyNews Take: Apple’s iPhone sales in China increased by 8% in Q2, marking the first growth since Q2 2023, which includes the month of May, per Counterpoint Research. More info here. ‎ Please help support MacDailyNews — and enjoy subscriber-only articles, comments, chat, and more — by subscribing to our Substack: macdailynews.substack.com. Thank you! Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Chinese sales of foreign phone makers, including Apple, drop 9.7% in May appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription. Upgrade to paid   Like Comment Restack

TikTok will release a new American-specific version of its app on Apple’s and Google’s app stores on September 5th, as it nears an agreement to sell its U.S.

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	Forwarded this email? Subscribe here for more TikTok to launch new American-specific app version ahead of planned sale MacDailyNews Jul 7   READ IN APP   TikTok will release a new American-specific version of its app on Apple’s and Google’s app stores on September 5th, as it nears an agreement to sell its U.S. business. Charles Martin for AppleInsider: ‎ Users of TikTok in the US will eventually need to migrate to the new version of the app, though the company reports that the present version is expected to work until March 2026. The unusual update will enable the new app to address US security concerns, and allow the new owners of the US version to take control. A consortium of non-Chinese tech firms are expected to buy TikTok’s US operations. Among those involved in the deal is US-based firm Oracle, though original owner Bytedance will retain a minority interest, according to The Information. Users in the United States will be required to install the new version of the app in order to continue accessing the service. The current US version will stop working in March 2026 if they do not update. ‎ MacDailyNews Take: President Trump has postponed enforcing his TikTok ban executive order three times to facilitate finalization of the current deal. The next deadline for the US to implement the ban is September 17, with the new TikTok version expected to launch in the US just before that date. ‎ Please help support MacDailyNews — and enjoy subscriber-only articles, comments, chat, and more — by subscribing to our Substack: macdailynews.substack.com. Thank you! Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post TikTok to launch new American-specific app version ahead of planned sale appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription. Upgrade to paid   Like Comment Restack   © 2025 MacDailyNews 548 Market Street PMB 72296, San Francisco, CA 94104 Unsubscribe

In Thursday trading, Nvidia is poised to become the most valuable company ever, with its market cap hitting $3.92 trillion, fueled by Wall Street’s AI optimism.

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	Forwarded this email? Subscribe here for more Nvidia primed to become the world’s most valuable company ever MacDailyNews Jul 3   READ IN APP   In Thursday trading, Nvidia is poised to become the most valuable company ever, with its market cap hitting $3.92 trillion, fueled by Wall Street’s AI optimism. Shares of the top AI chip designer rose 2.2% to $160.6 in morning trading, surpassing Apple’s record $3.915 trillion market cap from December 26, 2024. Reuters: ‎ Nvidia’s newest chips have made gains in training the largest artificial-intelligence models, fueling demand for products by the Santa Clara, California, tech company. Microsoft is currently the second-most valuable company on Wall Street, with a market capitalization of $3.7 trillion as its shares rose 1.4% on $498. Apple rose 0.5%, giving it a stock market value of $3.19 trillion, in third place. A race among Microsoft, Amazon.com, Meta Platforms, Alphabet, and Tesla, opens new tab to build AI data centers and dominate the emerging technology has fueled insatiable demand for Nvidia’s high-end processors. Nvidia is now worth more than the combined value of the Canadian and Mexican stock markets, according to LSEG data. The tech company also exceeds the total value of all publicly listed companies in the United Kingdom. ‎ MacDailyNews Take: Clearly, Nvidia is firing on all cylinders. ‎ Please help support MacDailyNews — and enjoy subscriber-only articles, comments, chat, and more — by subscribing to our Substack: macdailynews.substack.com. Thank you! Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Nvidia primed to become the world’s most valuable company ever appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription. Upgrade to paid   Like Comment Restack   © 2025 MacDailyNews 548 Market Street PMB 72296, San Francisco, CA 94104 Unsubscribe