What supplied Apple’s extra $12 billion in quarterly sales?
iPhone contributed 71.3% of the net revenue increase. Our category bridge also retains the iPad and wearables declines that offset part of the gain.
DISCLOSED COLUMN PEN NAME / Business & Economics
Amara Diallo
Amara writes about the global economy from the ground up: wages, prices and the businesses in between.
Writing approach: Start with wages, prices or a business account, then connect the observation to the wider economy.
Published by GlobalPulse. Publication details.
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Pension assets reach $78 trillion; the savings gap persists
Retirement coverage remains uneven despite $78 trillion in assets, the OECD reports. It recommends wider enrolment, contribution reforms and additional saving across most countries reviewed.
Treasury's refinancing package and the new seven-year debt schedule
Refinancing worth $125 billion accompanies Treasury’s plan to hold auction sizes steady. Seven-year notes would shift to quarterly new issues from March 2027; monthly auctions continue.
Apple reports 12% sales growth and a boost from tariff refunds
$114.5 billion in September-quarter sales accompanied Apple’s disclosed tariff-refund benefit. The company says refunds added about one percentage point to gross margin and $0.05 to earnings per share.
Which Asian markets joined the chip-led rally?
Ahead of a Federal Reserve decision, most Asian shares rose, AP reports. South Korean chip stocks lifted the Kospi while Hong Kong declined.
HSBC's quarter: adjusted profit, a dividend and another buyback plan
$10 billion in pre-tax profit, excluding notable items, accompanied HSBC’s quarterly dividend of 10 US cents. A buyback of up to $1 billion was planned.
IMF forecasts 3.1% global growth in 2026, rising to 3.4% in 2027
Conflict, trade tensions and reassessed AI expectations figure among IMF downside risks. Its October forecast projects stronger 2027 growth and lower inflation.