Apple stock price swing with $143B record

With a “simply staggering” demand for iPhones, the tech giant also broke records in Services revenue, which reached $30.0 billion, up from $23.6 billion last year, making it a key profit driver. The company also noted its best-ever iPhone quarter in Greater China, where revenue rose 38% year over year.

Apple is Exploring an ‘iPhone Flip’

Apple is “exploring” the idea of a foldable iPhone with a “square, clamshell-style” design, according to Bloomberg’s Mark Gurman. A so-called “iPhone Flip” — unlikely to be the real name — would compete with devices such as Samsung’s Galaxy Z Flip 7 and the modern-day Motorola Razr.