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Apple’s revenue weighed down by falling China sales

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Apple’s revenue weighed down by falling China sales

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Apple’s revenue fell 4 per cent in the first three months of 2024, narrowly beating analyst expectations for a bigger decline, as sales in China continued to slow.

The tech company on Thursday announced revenue of $90.75bn, compared with consensus estimates of $90.3bn. Apple also announced another $110bn in share buybacks and raised its quarterly dividend by 4 per cent.

Diluted earnings per share were $1.53, compared with consensus estimates of $1.50, down from $1.52 last year.

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Services revenue — which includes the App Store, Apple TV and Apple Pay — once again saw strong growth, up 14 per cent to a record $23.8bn.

Apple shares were 3 per cent higher in after-hours trading. So far this year its stock has fallen about 7 per cent, and it has once again lost its position as the world’s most valuable listed company to Microsoft.

The company has had a rocky start to the year, with the cancellation of its years-long car project, mounting pressure from US and EU antitrust enforcers and slipping iPhone sales in China.

Net sales in the greater China region were $16.3bn for the quarter, compared with $17.8bn a year ago.

There have been warning signs about its China business. A report from Counterpoint Research last month said that iPhone sales in the country fell 19 per cent year on year in the first three months of the year, while market researcher International Data Corporation reported that the company lost its lead in the global smartphone market to Samsung as Chinese rivals such as Xiaomi and Huawei made gains as the wider market rebounded.

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Apple chief financial officer Luca Maestri told the Financial Times that iPhone sales were still strong in China, despite it being “the most competitive smartphone market in the world”, with the number of active Apple devices at an “all-time high”.

The $110bn share buyback showed that “we feel very good about the status of the company, [and] we have great confidence in what we have in store for our customers”, Maestri said, adding that “a very busy period” was coming in terms of new products.

Apple has also come under intense pressure from regulators on both sides of the Atlantic. The US Department of Justice brought an antitrust lawsuit against the tech giant in March. That same month, the EU opened an investigation over Apple’s potential failure to comply with the Digital Markets Act. It also fined Apple €1.8bn over the rules it applies to rival music streaming services on its App Store.

Analysts are hopeful that Apple can boost sales of its smartphones and laptops by announcing long-anticipated generative artificial intelligence features, potentially at its developers’ conference in June. Chief executive Tim Cook has promised to share details of the company’s work in the AI space later this year.

“We’re very bullish about our opportunity in generative AI,” Maestri said.

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Rep. Ilhan Omar rushed by man on stage and sprayed with liquid at town hall event

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Rep. Ilhan Omar rushed by man on stage and sprayed with liquid at town hall event

A man is tackled after spraying an unknown substance at US Representative Ilhan Omar (D-MN) (L) during a town hall she was hosting in Minneapolis, Minnesota, on January 27, 2026. (Photo by Octavio JONES / AFP via Getty Images)

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Rep. Ilhan Omar, D-Minn., was rushed by a man during a town hall event Tuesday night and sprayed with a liquid via a syringe.

Footage from the event shows a man approaching Omar at her lectern as she is delivering remarks and spraying an unknown substance in her direction, before swiftly being tackled by security. Omar called on Homeland Security Secretary Kristi Noem to resign or face impeachment immediately before the assault.

Noem has faced criticism from lawmakers on both sides of the aisle in the aftermath of the fatal shooting of 37-year-old intensive care nurse Alex Pretti by federal officers in Minneapolis Saturday.

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Omar’s staff can be heard urging her to step away and get “checked out,” with others nearby saying the substance smelled bad.

“We will continue,” Omar responded. “These f******* a**holes are not going to get away with it.”

A statement from Omar’s office released after the event said the individual who approached and sprayed the congresswoman is now in custody.

“The Congresswoman is okay,” the statement read. “She continued with her town hall because she doesn’t let bullies win.”

A syringe lays on the ground after a man, left, approached Representative Ilhan Omar, a Democrat from Minnesota, during a town hall event in Minneapolis, Minnesota, US, on Tuesday, Jan. 27, 2026. The man was apprehended after spraying unknown substance according the to Associated Press. Photographer: Angelina Katsanis/Bloomberg via Getty Images

A syringe lays on the ground after a man, left, approached Representative Ilhan Omar, a Democrat from Minnesota, during a town hall event in Minneapolis, Minnesota, US, on Tuesday, Jan. 27, 2026. The man was apprehended after spraying an unknown substance according to the Associated Press. Photographer: Angelina Katsanis/Bloomberg via Getty Images

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Omar followed up with a statement on social media saying she will not be intimidated.

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As Omar continued her remarks at the town hall, she said: “We are Minnesota strong and we will stay resilient in the face of whatever they might throw at us.”

Just three days ago, fellow Democrat Rep. Maxwell Frost of Florida said he was assaulted at the Sundance Festival by a man “who told me that Trump was going to deport me before he punched me in the face.”

Threats against Congressional lawmakers have been rising. Last year, there was an increase in security funding in the wake of growing concerns about political violence in the country.

According to the U.S. Capitol Police, the number of threat assessment cases has increased for the third year in a row. In 2025, the USCP investigated 14,938 “concerning statements, behaviors, and communications” directed towards congressional lawmakers, their families and staff. That figure represents a nearly 58% increase from 2024.

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Video: F.A.A. Ignored Safety Concerns Prior to Collision Over Potomac, N.T.S.B. Says

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Video: F.A.A. Ignored Safety Concerns Prior to Collision Over Potomac, N.T.S.B. Says

new video loaded: F.A.A. Ignored Safety Concerns Prior to Collision Over Potomac, N.T.S.B. Says

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F.A.A. Ignored Safety Concerns Prior to Collision Over Potomac, N.T.S.B. Says

The National Transportation Safety Board said that a “multitude of errors” led to the collision between a military helicopter and a commercial jet, killing 67 people last January.

“I imagine there will be some difficult moments today for all of us as we try to provide answers to how a multitude of errors led to this tragedy.” “We have an entire tower who took it upon themselves to try to raise concerns over and over and over and over again, only to get squashed by management and everybody above them within F.A.A. Were they set up for failure?” “They were not adequately prepared to do the jobs they were assigned to do.”

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The National Transportation Safety Board said that a “multitude of errors” led to the collision between a military helicopter and a commercial jet, killing 67 people last January.

By Meg Felling

January 27, 2026

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Families of killed men file first U.S. federal lawsuit over drug boat strikes

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Families of killed men file first U.S. federal lawsuit over drug boat strikes

President Trump speaks as U.S. Secretary of Defense Pete Hegseth looks on during a meeting of his Cabinet at the White House in December 2025.

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Relatives of two Trinidadian men killed in an airstrike last October are suing the U.S. government for wrongful death and for carrying out extrajudicial killings.

The case, filed in Massachusetts, is the first lawsuit over the strikes to land in a U.S. federal court since the Trump administration launched a campaign to target vessels off the coast of Venezuela. The American government has carried out three dozen such strikes since September, killing more than 100 people.

Among them are Chad Joseph, 26, and Rishi Samaroo, 41, who relatives say died in what President Trump described as “a lethal kinetic strike” on Oct. 14, 2025. The president posted a short video that day on social media that shows a missile targeting a ship, which erupts in flame.

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“This is killing for sport, it’s killing for theater and it’s utterly lawless,” said Baher Azmy, legal director of the Center for Constitutional Rights. “We need a court of law to rein in this administration and provide some accountability to the families.”

The White House and Pentagon justify the strikes as part of a broader push to stop the flow of illegal drugs into the U.S. The Pentagon declined to comment on the lawsuit, saying it doesn’t comment on ongoing litigation.

But the new lawsuit described Joseph and Samaroo as fishermen doing farm work in Venezuela, with no ties to the drug trade. Court papers said they were headed home to family members when the strike occurred and now are presumed dead.

Neither man “presented a concrete, specific, and imminent threat of death or serious physical injury to the United States or anyone at all, and means other than lethal force could have reasonably been employed to neutralize any lesser threat,” according to the lawsuit.

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Lenore Burnley, the mother of Chad Joseph, and Sallycar Korasingh, the sister of Rishi Samaroo, are the plaintiffs in the case.

Their court papers allege violations of the Death on the High Seas Act, a 1920 law that makes the U.S. government liable if its agents engage in negligence that results in wrongful death more than 3 miles off American shores. A second claim alleges violations of the Alien Tort Statute, which allows foreign citizens to sue over human rights violations such as deaths that occurred outside an armed conflict, with no judicial process.

The American Civil Liberties Union, the Center for Constitutional Rights, and Jonathan Hafetz at Seton Hall University School of Law are representing the plaintiffs.

“In seeking justice for the senseless killing of their loved ones, our clients are bravely demanding accountability for their devastating losses and standing up against the administration’s assault on the rule of law,” said Brett Max Kaufman, senior counsel at the ACLU.

U.S. lawmakers have raised questions about the legal basis for the strikes for months but the administration has persisted.

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—NPR’s Quil Lawrence contributed to this report.

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