Stocks
AAPL Earnings Beat, But Apple Warns of Slowing Sales
Apple's (NASDAQ:AAPL) recent earnings report has left investors with mixed emotions. The company reported fiscal third-quarter revenue of $109.42 billion, surpassing analyst estimates of $108.65 billion.
The news was not all positive for Apple, as the company issued fourth-quarter sales guidance below estimates. This has sparked concerns among investors about the company's future growth prospects.
OpenAI is also in the spotlight after it filed a motion to dismiss Apple's trade secrets lawsuit. The company claims that it has no use or need for Apple's trade secrets and is instead building something entirely new and different from anything at Apple.