Apple reported record-breaking iPhone sales in the final three months of last year, driving a 16% increase in revenue to $144 billion, the strongest growth since 2021, according to a report released Thursday. While iPhone sales soared, other sectors of the company experienced declines.
The surge in revenue was attributed to increased sales across various regions, including China, Europe, the Americas, and Japan, according to the BBC. Apple CEO Tim Cook stated the company was in "supply chase mode" to meet the high customer demand for iPhones.
However, not all of Apple's product lines performed as well. Sales of Mac computers decreased by just over 7%, and wearables and accessories, including the Apple Watch and AirPods, fell by roughly 3%, according to the BBC.
In other international news, United States President Donald Trump signed an executive order to impose new tariffs on any country that supplies oil to Cuba, according to Al Jazeera. The order, signed on Thursday, describes the Cuban government as an unusual and extraordinary threat to US national security.
Also on Thursday, Canadian Prime Minister Mark Carney hailed several new trade agreements, pledging to further diversify Ottawa's partners while saying he expects the United States to respect his country's sovereignty, according to Al Jazeera. Carney discussed the trade deals during a meeting with provincial and territorial leaders.
Meanwhile, in Iran, doctors shared disturbing accounts of the regime's crackdown on protesters, according to Sky News. The reports detail alleged brutality, but painting an accurate picture remains difficult due to sporadic internet access. Sky News reported that "the climate of fear has been restored" in Iran after the government "successfully crushed a nationwide revolt."
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