Bloomberg Apple Inc. turned in a strong quarter with revenue, profit and forecasts all coming in ahead of analysts’ estimates. But that isn’t necessarily good for the hundreds of iPhone suppliers around the world, contrary to the market’s knee-jerk reaction. Apple’s better-than-expected results stemmed in part from the sale of ancillary goodies from games to cloud storage. None of those ...

Bloomberg Australian authorities are formulating plans that would force public companies to reveal the proportion of women at various levels of their organisations, as well as steps they’re taking to increase female representation. ASX Ltd., which operates the country’s main stock exchange, wants businesses to formulate and disclose diversity policies, and also set representation targets for their boards, senior executives ...

Bloomberg Apple Inc.’s results confirmed that, while the days of double-digit smartphone industry growth are over, Chief Executive Officer Tim Cook has a plan to withstand the slowdown. The shares gained after the company reported iPhone sales in line with analysts’ expectations, gave a bullish revenue forecast and highlighted a surging services business. The numbers show that Cook’s strategy of ...