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Apple, Qualcomm reach agreement in royalty dispute

As COVID-19 has come under control in the country, more people have started to resume travel. During the eight-day holiday, the country received a total of 637 million trips by domestic tourists, with domestic tourism revenue reaching 466.56 billion yuan, according to the Ministry of Culture and Tourism.

Apple said Ive will continue work on its products at his new venture, but shares fell as much as 1.5% to 7.44 in after-market trading, wiping about billion from the firm's value.

Artificial intelligence is playing an active part in helping the world contain the COVID-19 pandemic, which will accelerate its use in healthcare, industrial production, and other sectors, company executives said.

Apple CFO Luca Maestri told analysts on the conference call that the company sees even more growth ahead for this part of its business. “Our iCloud storage business is growing very quickly, and so that is a business that also at a geographic level we can continue to grow significantly.”