Samsung's declining first-quarter financial results contrast sharply with those of Apple, but the drop in operating profit isn't as bad as it has been.
Strong sales in the region during the Chinese New Year holiday pushed Apple to report higher smartphone sales than Wall Street anticipated.
People may be curious about the Apple Watch, which got delivered to customers around the world on April 24. But when it comes to money, Apple's first wearable won't even be a blip in its financials.
Customers would get store credits for Apple products, while manufacturer Foxconn would resell the iPhones after fixing them up.
The upcoming smartwatch will remind you to get up and move since "sitting is the new cancer," says Apple's CEO.
Frontier Communications will pick up parts of Verizon's landline business, while American Tower will pick up the rights to 11,300 cellular towers.
The Hurun Research Institute says iPhones and other Apple gadgets are the most popular gifts among China's wealthy, beating out luxury brands like Louis Vuitton and Chanel.
Boosted by hot iPhone sales, the company tops the $15.9 billion earned by ExxonMobil in the second quarter of 2012, says Standard & Poor's.