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AI & Enterprise

Apple shares fall despite 16 percent revenue jump as AI spending fears persist

Apple reported fiscal third-quarter revenue of $109.4 billion, net profit of $29.8 billion and earnings per share of $2.02. Revenue rose 16 percent from a year earlier. The company also disclosed record quarterly research and development spending of $11.73 billion, up 32 percent year on year, bringing fiscal 2026 cumulative R&D spending to $34.04 billion. Apple shares fell about 4 percent in after-hours trading after the results.

Telecommunications & Media

Apple AI smart glasses may debut at WWDC27, with camera possibly excluded

Apple is said to be preparing artificial intelligence smart glasses alongside new Apple Watch models. Bloomberg reporter Mark Gurman reported Apple is pushing to unveil the smart glasses at next year’s WWDC27, with a launch likely in late 2027. Privacy concerns linked to camera-equipped glasses are cited as a reason for delay. Apple is testing designs without a camera and considering on-device processing and other privacy features.

Telecommunications & Media

Samsung Galaxy Watch9, Ultra2 to get 5 years of Wear OS updates

Samsung will support Wear OS updates for five years on the Galaxy Watch9 and Galaxy Watch Ultra2, making them its first smartwatches with that guarantee. The watches will receive operating system upgrades starting with Wear OS 7 through 2031, aligning OS support with Samsung\'s five-year security patch policy. Media outlets noted the new models add one more year of OS updates compared with the Galaxy Watch8.