Apple CEO Tim Cook says that iPhone 16 sales were stronger in countries where Apple Intelligence is available.

Good morning. Apple misses big in China. The Big Short traders aren't bearish anymore. And Rome is gearing up for a major facelift. Listen to the day’s top stories.

"China is a key piece of our thesis for slowing long-term iPhone growth, with Apple losing share to revitalized domestic competitors." The company’s iPhone sales declined slightly on a year-over ...