Five At Five: Apple Slumps In China

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Five At Five: Apple Slumps In China

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes a new smartphone forecast and Alexa’s ambition to become a nurse. American Express has a new dispute partnership, retail sales are sluggish and the curtain is closing on Sears. Apple iPhone Demand Slumping in China; Could Hurt

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www.bostonherald.com /

NEW YORK — U.S. stocks are mixed Monday as technology companies continue to slump and the Commerce Department said retail sales remained sluggish in September. The S&P 500 and other major U.S. indexes are coming off their worst week since late March as investors worry about rising interest rates and trade tensions between the U.S. and China. Bank of America dropped after it reported disappointing growth in loans.

The Ratings Game: Apple’s earnings could be hit by weak demand in China, Goldman warns

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www.marketwatch.com /

Macroeconomic conditions in China could hurt demand for new iPhones, according to Goldman Sachs analyst Rod Hall.

Apple teases new Japanese retail store for 2019, promotes Shibuya reopening with custom wallpapers

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Apple’s enthusiasm for its retail expansion in Japan hasn’t been tempered. First in Shinjuku and later Kyoto, the company celebrated each of this year’s store openings with custom graphics and promotional videos. 2018’s new stores were even teased ahead of an official announcement to build excitement. Apple’s visual spectacle continues for its October 26th store reopening in Shibuya, which was announced yesterday evening. For the first time, a new store for 2019 has also been teased.

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Strong iPhone XR demand may help Apple set a new iPhone sales record this quarter

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bgr.com /

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Apple Releases iOS 12.1 Beta 4 [Download]

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Apple has released iOS 12.1 beta 4 to developers for testing. The build number is 16B5084a. iOS 12.1 brings back the much anticipated Group FaceTime feature that Apple was unable to finish in time for iOS 12.0. Additionally, the beta includes support for eSIMs on the new iPhone XS and XS Max devices. It also introduces a new real-time Depth Control feature that lets you adjust the depth of your Portrait Mode photos before taking them