Top 6 Apple News Stories – August 2025
1. Apple Earnings Under Pressure Amid Tariffs and AI Delays
Apple faces mounting headwinds heading into its June-quarter earnings with projected revenue around $89.3 billion, slowed services growth, and lagging AI features. U.S. tariffs have pushed iPhone production to India, boosting local output by 240% to mitigate nearly $900 million in tariff costs.
Why it matters: Investors are watching Apple’s ability to manage global supply chain risks and remain competitive in AI innovation. Read more
2. JPMorgan Nears Deal to Take Over Apple Card from Goldman Sachs
JPMorgan Chase is in advanced talks to become the new issuer of Apple’s credit card program, replacing Goldman Sachs. The move could unlock growth for Apple’s financial services, though concerns linger over the high share of subprime borrowers among Apple Card users.
Why it matters: Strengthens Apple’s push into fintech while reshaping its consumer credit risk profile. Read more
3. Apple to Shut Down Its First Store in China
Apple will close its Dalian Parkland Mall store on August 9—the first-ever retail closure in China—amid a six-quarter sales decline and rising competition from local brands. Staff will be retained as Apple shifts focus to other Chinese outlets.
Why it matters: Underscores Apple’s growing vulnerability in its second-largest market and intensifying competition there. Read more
4. Apple Intelligence News Summaries Return—with Warn Labels
After earlier backlash, Apple has re-enabled AI-powered news notification summaries in iOS 26 betas. The redesigned feature now includes disclaimers, attribution in italics, and an icon to distinguish them from official headlines. Availability remains limited to recent Pro models.
Why it matters: Highlights Apple’s balancing act between improving AI utility and maintaining trust in automated content. Read more
5. Apple COO Jeff Williams to Retire in July
Longtime operations chief Jeff Williams is stepping down as COO by the end of July and will retire later this year. Sabih Khan is expected to succeed him, but lacks Williams’ deep operational and product engineering experience.
Why it matters: Signals a major executive transition at Apple’s leadership center and adds uncertainty over future strategy execution. Read more
6. macOS Sequoia and iOS 26 Public Betas Now Available
Apple has released public beta versions of macOS Sequoia and iOS 26, allowing general users to test the latest features ahead of fall launch. Both updates integrate Apple Intelligence capabilities including smarter notifications, upgraded Safari summaries, and customizable AI widgets.
Why it matters: Marks a major step in Apple’s rollout of on-device and cloud-integrated AI, setting the stage for how users interact with future Apple software. Read more