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Bloomberg Apple Inc. is fixing supply problems with the iPhone X, its most important device in years, setting the company up for a better-than-expected holiday period. Supported by resurgent iPad and Mac sales, the 10-year anniversary iPhone will help push revenue to a record high of $84 billion to $87 billion in the quarter ending in late December, Apple said ...

Bloomberg Microsoft Corp., Oracle Corp. and IBM—looking to stoke demand for cloud computing services—are said to be shifting incentives for their sales representatives, pushing them to ensure customers become active users over the long haul. Microsoft in July revamped the way it pays its sales staff to tie incentives to how much customers actually use cloud-based software—rather than how many ...

Bloomberg Qualcomm Inc. issued a surprisingly bullish forecast for the current quarter, showing that robust demand for the company’s chips in China is making up for lost revenue from a bruising legal brawl with Apple Inc. Sales in Qualcomm’s fiscal first quarter will be $5.5 billion to $6.3 billion. Earnings per share, excluding some items, will be 85 cents to ...

Bloomberg Sony Corp. is bringing back its iconic robotic dog, aibo. The new version (which Sony is marketing as “aibo” instead of the prior “AIBO”) comes equipped with a powerful computer chip, OLED displays for eyes and the ability to connect to mobile networks. Like its predecessor, the new pet toy responds to voice commands and can bark, sit and ...

Bloomberg Mark Carney is tying the Bank of England’s next interest-rate shift to the success of Brexit negotiations. After raising interest rates for the first time in more than a decade, the governor said the pending divorce from the European Union is the main risk to the outlook, aggravating existing weaknesses that have hobbled the economy and holding back potential ...

Bloomberg Bank of America Corp. made the legal leap required to untangle what US clients are charged for research and trading, bringing to America a version of the changes being forced on markets in Europe. Its Merrill Lynch unit added the firm’s research department to an existing investment adviser registration late on Thursday, according to a document on the US ...

Bloomberg Italian bank executives and central bankers, take note: people trust you less and less. Just 16 percent of Italians have confidence in the country’s lenders, down from an already meager 17 percent in June, according to a poll by the SWG research group of Trieste. Only 24 percent trust the Bank of Italy, plunging from 36 percent in June. ...

Bloomberg One week after Nordea Bank AB said it will cut 6,000 jobs in a digital bet, a key investor says the rest of the industry would do well to watch and learn. Sampo Oyj, Nordea’s biggest owner with about one-fifth of its stock, says digital adequacy is overtaking capital adequacy as a top consideration for investors. “In the Nordics, ...

Bloomberg China’s central bank moved to stabilize money supply, capping a week that began with a bond rout and more than 1 trillion yuan ($151 billion) of loans due to mature. The People’s Bank of China offered 404 billion yuan of one-year funds under the Medium-Term Lending Facility, compared with 207 billion yuan of maturities, according to a statement on ...

DUBAI / Emirates Business The UAE’s design market will reach $36bn in 2019, fuelled by architects and interior designers leveraging innovations to enhance the experience, experts announced ahead of The Big 5 in Dubai. Boosted by innovative architecture and interior design projects, the UAE’s design market will grow by 13 percent from $32 billion in 2017 to reach a record-high ...