Samsung will soon make chips for iPhones in the US
TL;DR Apple has said that Samsung's US factory will make chips for a number of its products, including iPhones.
It's unclear if Apple is referring to its A series chips that are the heart and soul of iPhones.
Samsung has historically produced A series chips for Apple, but it's been a while since anyone but TSMC manufactured iPhone chips.
Apple says Samsung's facility will supply chips that 'optimize power and performance of Apple products.'
Apple has announced that none other than Samsung will soon make chips for its products, including iPhones.
Before you start thinking iPhones will soon be powered by Exynos processors, let's examine what Apple is saying exactly and the history between the two companies as far as manufacturing iPhone components is concerned. As part of its announcement of investing an additional $100 billion in the US over the next four years, Apple said that it will procure chips from Samsung's Austin factory for a number of its products, including its phones.
'This facility will supply chips that optimize power and performance of Apple products, including iPhone devices,' Apple said in a statement.
While it's unclear just how big a role these Samsung chips will play in shaping Apple's A series processors, it's certainly interesting to see the two tech giants joining hands for crucial iPhone components.
While Samsung currently doesn't have any role in manufacturing any part of the iPhone's A series processors — that's a job for TSMC — the South Korean company has been a long-time supplier of displays, RAM, and memory chips for iPhones.
Samsung also historically manufactured Apple's A series chips for iPhone, specifically from the A4 chip used on the iPhone 4 through to the A9 chip used in the iPhone 6s. After the A9 chip, however, Apple moved its chip production to TSMC.
It would be a big deal if Samsung once again started making the A series chips for Apple out of the US, but that's unlikely to happen. Apple is already expected to utilize TSMC's 3nm process for its A19 and A19 Pro chips, which will power the iPhone 17 lineup.
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The shoe company imports most of its products from China, Vietnam, Indonesia, India, and Cambodia, which face tariffs in a range of 10% to 20%. The company sees a 170-basis-point impact on adjusted operating margins in the third quarter, largely from tariffs. Revenue for the June quarter slightly beat estimates at $1.41 billion. Adjusted diluted earnings per share of $4.23 also beat expectations of $4.02 per share. Crocs (CROX) forecast a 9% to 11% decline in third quarter revenue on Thursday, as tariffs and a softer consumer spending environment weigh on the business. The stock lost a quarter of its value, falling 25% to $79 per share in early trading after reporting second quarter results. "We expect the Crocs brand to be down mid-single digits, led by declines in North America, offset in part by growth in international," Crocs CFO Susan Healy said in the company's earnings call. "This includes our expectation that the second half wholesale environment will be challenging for both brands based on the visibility we have in our current order books." On the cost side, Crocs expects incremental tariffs to create a $40 million headwind in the second half of the year for a total impact of $90 million for the year. The shoe company imports most of its products from China, Vietnam, Indonesia, India, and Cambodia, which face tariffs in a range of 10% to 20%. The company sees a 170-basis-point impact on adjusted operating margins in the third quarter, largely from tariffs. Revenue for the June quarter slightly beat estimates at $1.41 billion. Adjusted diluted earnings per share of $4.23 also beat expectations of $4.02 per share. Peloton stock soars on swing to profit Peloton (PTON) swung to a profit in its fiscal fourth quarter, posting earnings of $21.6 million, or $0.05 per share, compared to estimates for a loss of $0.05 per share and a loss of $0.08 per share last year. Revenue fell to $606.9 million, but still topped estimates for $579.9 million in the quarter. The stock jumped over 8% in premarket trading. The fitness platform announced it launched a cost-cutting plan intended to achieve $100 million in savings by the end of fiscal year 2026, which includes layoffs. "This is not a decision we came to lightly, as it impacts many talented team members, but we believe it is necessary for the long-term health of our business," CEO Peter Stern said in a shareholder letter. Peloton's outlook for the upcoming year includes $2.4 billion to $2.5 billion in total revenue, a 51% gross margin, and $400 million to $450 million of adjusted EBITDA. Peloton (PTON) swung to a profit in its fiscal fourth quarter, posting earnings of $21.6 million, or $0.05 per share, compared to estimates for a loss of $0.05 per share and a loss of $0.08 per share last year. Revenue fell to $606.9 million, but still topped estimates for $579.9 million in the quarter. The stock jumped over 8% in premarket trading. The fitness platform announced it launched a cost-cutting plan intended to achieve $100 million in savings by the end of fiscal year 2026, which includes layoffs. "This is not a decision we came to lightly, as it impacts many talented team members, but we believe it is necessary for the long-term health of our business," CEO Peter Stern said in a shareholder letter. Peloton's outlook for the upcoming year includes $2.4 billion to $2.5 billion in total revenue, a 51% gross margin, and $400 million to $450 million of adjusted EBITDA. Duolingo surges as AI-led growth, forecast raise boost investor confidence The stock is on a tear, up over 25% in premarket trading. Reuters reports: Read more here. The stock is on a tear, up over 25% in premarket trading. Reuters reports: Read more here. Warner Bros. Discovery posts surprise profit Warner Bros. Discovery (WBD) stock climbed 3% in premarket trading after the company reported a surprise second quarter profit. The international rollout of HBO Max in Australia, a strong quarter for box office hits from the studio division, and streaming series like "The Pitt" helped boost results. The company reported profits of $0.63 per share on revenue of $9.8 billion, compared with expectations for a loss of $0.21. Higher box office sales boosted theatrical revenue by 38%, driven by box office hits "A Minecraft Movie," "Sinners," and "Final Destination: Bloodlines." Warner Bros. added 3.4 million global streaming subscribers in the quarter, raising the overall number to 125.7 million. Streaming advertising revenue increased 17%, largley driven by an increase in ad-lite subscribers. The company is restructuring into two media companies — studio-focused Warner Bros and cable-centric Discovery Global — and is expanding its streaming network globally by bringing the Warner Bros and DC universes to international markets. Read more here. Warner Bros. Discovery (WBD) stock climbed 3% in premarket trading after the company reported a surprise second quarter profit. The international rollout of HBO Max in Australia, a strong quarter for box office hits from the studio division, and streaming series like "The Pitt" helped boost results. The company reported profits of $0.63 per share on revenue of $9.8 billion, compared with expectations for a loss of $0.21. Higher box office sales boosted theatrical revenue by 38%, driven by box office hits "A Minecraft Movie," "Sinners," and "Final Destination: Bloodlines." Warner Bros. added 3.4 million global streaming subscribers in the quarter, raising the overall number to 125.7 million. Streaming advertising revenue increased 17%, largley driven by an increase in ad-lite subscribers. The company is restructuring into two media companies — studio-focused Warner Bros and cable-centric Discovery Global — and is expanding its streaming network globally by bringing the Warner Bros and DC universes to international markets. Read more here. Eli Lilly second quarter earnings beat estimates, but stock dives on GLP-1 pill trial results Yahoo Finance's Anjalee Khemlani reports: Read more here. Yahoo Finance's Anjalee Khemlani reports: Read more here. One call out on Airbnb Airbnb (ABNB) stock is getting hit on some cautious earnings call commentary. The company is also making some key investments in the back half of the year that will weigh on margins. If there is any positive here, it's that when I caught up with Airbnb's CFO Ellie Mertz about the results, I got the sense demand is staying solid. Airbnb (ABNB) stock is getting hit on some cautious earnings call commentary. The company is also making some key investments in the back half of the year that will weigh on margins. If there is any positive here, it's that when I caught up with Airbnb's CFO Ellie Mertz about the results, I got the sense demand is staying solid. SoftBank swings to profit on vision fund gains ahead of AI push Bloomberg News reports: Read more here. Bloomberg News reports: Read more here. Sony in-demand games and music help allay Trump tariff fears Bloomberg News reports: Read more here. Bloomberg News reports: Read more here. Sign in to access your portfolio
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Buying a New iPhone or Android Phone? This Is What You Need to Know First
The iPhone 16 Pro, Google Pixel 9 Pro and Samsung's Galaxy S25 Ultra, have lots in common. From their lightning-fast performance and pro-level cameras to their big, vibrant displays, these flagships are all among the best phones you can buy in 2025. It's no surprise then that these fan-favorite phones have something else in common, too: Whopping prices. Costing $1,000 and more, these elite handsets are out of reach for many of us -- or they're simply unnecessary for those of us who just want an all-around device for everyday use. Thankfully, there's a huge array of options out there catering to all needs and budgets, whether you're looking for top-end model or a more affordable option, like the Google Pixel 9A. You'd think the vast number of choices would make shopping simple. But the reality is that sometimes all the options make it more confusing. To help you cut through some of the jargon and spend your money sensibly, I've put together tips for buying a phone. Oh, and if you're considering buying a new iPhone 16 right before Apple is expected to launch its new iPhone 17, here's why you should wait -- regardless of whether you want Apple's latest handset. How to buy a new phone: Top phone-buying tips Know what you care about most: Is it screen size? Camera quality? Battery life? This will help narrow down your choices. Phones like the iPhone 16 Pro, Galaxy S25 Ultra or Xiaomi 15 Ultra, for example, pack incredible cameras that almost rival the quality you'd get from a mirrorless camera. If you're keen on photography and always want to carry a superb camera for when inspiration strikes, then spending money here is a good idea. If not, you can likely save yourself a bundle. Is it screen size? Camera quality? Battery life? This will help narrow down your choices. Phones like the iPhone 16 Pro, Galaxy S25 Ultra or Xiaomi 15 Ultra, for example, pack incredible cameras that almost rival the quality you'd get from a mirrorless camera. If you're keen on photography and always want to carry a superb camera for when inspiration strikes, then spending money here is a good idea. If not, you can likely save yourself a bundle. Don't discount the midrange: Features of last year's flagships always trickle down to this year's midrange handsets. You can get a great phone that does almost everything that a premium phone can do for a fraction of the price. Google's Pixel 9 Pro packs a great zoom camera, but the base Pixel 9 has most of the same key specs and comes at a more reasonable price. Features of last year's flagships always trickle down to this year's midrange handsets. You can get a great phone that does almost everything that a premium phone can do for a fraction of the price. Google's Pixel 9 Pro packs a great zoom camera, but the base Pixel 9 has most of the same key specs and comes at a more reasonable price. Shop the sales: Look for deep discounts and promo deals around major holidays, especially Amazon's Prime Day and Black Friday. And find out what your grace period is in case you need a quick return or exchange. Look for deep discounts and promo deals around major holidays, especially Amazon's Prime Day and Black Friday. And find out what your grace period is in case you need a quick return or exchange. Consider last year's phones: They can often be a great deal, too. Wait for this year's launch to get last year's phone for less, when stores and carriers may be trying to offload their existing stock. You should also check for used options as these can save you a ton of money, as long as whatever you buy still receives security updates. They can often be a great deal, too. Wait for this year's launch to get last year's phone for less, when stores and carriers may be trying to offload their existing stock. You should also check for used options as these can save you a ton of money, as long as whatever you buy still receives security updates. Hold the phone at a store first: You may love or hate the way it looks and feels in person. You may love or hate the way it looks and feels in person. Check if you're already invested: Have you already bought a lot of iPhone apps and iTunes movies? Stick with an iPhone if you still want access to them. Likewise, if you've invested in loads of Android apps, you'll want to stay on that side of the fence. Otherwise, it's simple enough to switch platforms Have you already bought a lot of iPhone apps and iTunes movies? Stick with an iPhone if you still want access to them. Likewise, if you've invested in loads of Android apps, you'll want to stay on that side of the fence. Otherwise, it's simple enough to Buy a case and screen protector: You'll protect your phone from costly damage and will increase the phone's resale or trade-in value for when you're ready to move on. If you're careful with how you use your phone, it should last for years. Andrew Hoyle/CNET Smartphone performance vs. budget In general, performance lines up with cost. The very latest, greatest technology usually comes at a premium. Flagship phones pack the best cameras, the most powerful processors and may even sport cutting-edge tech like foldable displays. The high prices mean that these phones are worth considering only by those who want the absolute latest tech in their pockets. Not everyone needs such top tech, however, or may simply be unwilling to spend the $1,000 or more typically required to get it. Luckily, the midrange sector of the phone world has been one of the fiercest battlegrounds for companies to compete in, resulting in some amazing phones that won't break the bank. Features like wireless charging and cameras with multiple lenses that were once the domain of flagships are now commonplace on midrange phones. Even budget phones will still offer decent camera quality and enough power for you to enjoy all of your everyday web browsing, WhatsApp-ing and Instagramming. Screen size All phones have gotten steadily bigger over the last few years, with the iPhone 16 Pro Max and Galaxy S25 Ultra measuring a whopping 6.9 inches. Small phones aren't that common anymore, with almost no phones measuring under six inches in size. Apple killed off its iPhone Mini line, and while its 2022 iPhone SE remained the smallest iPhone you could buy, the company replaced it with the 6.1 inch iPhone 16E, which hardly qualifies as small. On the Android side, the Google Pixel 8A's 6.1-inch display makes it one of the better smaller phones, but like the iPhone 16E, it's hardly what you'd call tiny. Google replaced it recently with the Pixel 9A and in so doing increased the screen size to 6.3 inches. Sorry, small phone fans, looks like you're out of luck. Andrew Hoyle/CNET Software support period A phone remains safe to use only as long as it receives security updates from the manufacturer to protect it from hackers. In the past, this was a bigger concern since most phones were supported for just two or three years, leaving them with a short shelf life. Today, however, extended support has become a competitive feature, with Google now offering an impressive seven years of software and security updates on its latest phones. It means the most recent Pixel 9 Pro will still be safe to use in 2031, while Samsung has promised a similar support period for its Galaxy S24 and S25 lines. Samsung's Galaxy S20, released in 2020, received its final security update in 2024, however, so it's important to confirm how long your phone of choice will be safe to use, especially if you're buying an older phone on the used market. A longer support period not only gives you better value for money over the lifetime of the device, it's also better for the planet, as it keeps older, but still usable phones out of landfill and reduces the number of new devices being made and shipped. Camera performance Camera features have been a major point for bragging rights in recent phones, with manufacturers always wanting a bigger, more exciting number, be it the number of megapixels or quantity of actual camera lenses. Three rear cameras are now common -- a regular lens, an ultrawide lens and a telephoto lens -- with even budget-focused phones packing multiple cameras. Read more: Best Camera Phone to Buy in 2025 This is great, as more lenses mean more shooting options when you're out and about. But that doesn't mean that any multilens camera is as good as another. As with processor performance, the more you spend, the better the results you'll typically get, with the absolute best cameras around usually being found on the most expensive flagships. Andrew Lanxon/CNET Look out for features like optical (rather than digital) zooms, night mode for better low-light images, and optical image stabilization. Sometimes these features might not be clear, and it's not possible to judge a camera's performance just by looking at the specs. If you really care about your phone's photography skills, then take some time to look at the reviews and see how its camera performs before you spend your money. Battery life Most phones, from the budget end through to elite flagships, can last most of a day on a single charge. Bigger phones might have bigger batteries, but they also have bigger screens and often more powerful processors, so they suck that extra juice down quickly. Few phones will give you more than a day of use. Here are some things to keep in mind: Always plan on giving your phone a full charge overnight. Look for features like fast charging, that allow your phone to take on a lot of power in a short space of time. Some phones, like the OnePlus 13, support 80W fast charging that will take it from empty to full in around 30 minutes. Check to see if your phone comes with a compatible fast charger though, as an old USB plug likely won't offer the power output required. Your battery will last longer if you avoid more demanding tasks such as gaming or video streaming. Keeping the screen brightness down will help too and if you're really trying to eke out that last few percent to help get you home, turning off Wifi and Bluetooth can also help. Andrew Hoyle/CNET Processor performance Top-end phones pack powerful processors along with 12GB of RAM or even more. It's enough to make these phones run any task without breaking a sweat, but you don't need to spend flagship level money to get great performance. Most decent midrange phones offer enough power to handle all of your everyday needs. You'll still be able to play almost any game from the Google Play store and edit your high-resolution photos in apps such as Snapseed or Adobe Lightroom. There's little you could throw at most midrange phones that they wouldn't be able to handle. As you move into the budget end of the spectrum, that's when you'll start to notice some slowdown with things like gaming. More demanding 3D games might look more stuttery and may even unexpectedly quit. However, basic tasks such as sending emails, listening to Spotify and browsing Instagram shouldn't be a problem. 4G or 5G? 5G is the latest standard that promises lightning-fast mobile data speeds when you're out and about. While 5G coverage still isn't everywhere yet, it's widespread enough that you should absolutely look toward a 5G phone. And that's easy, as almost all of them are, from top-end flagships down to entry-level budget phones. The only reason you should consider buying a 4G phone now is if you're looking at the used market and you've found a good deal on an older-generation model that will tide you over for a couple of years. Andrew Hoyle/CNET How much phone storage do you need? Most phones, even the budget ones, come with at least 64GB of storage, of which 10 may be taken up by preinstalled apps and the phone's operating system. If you don't plan on recording video, and gaming isn't your thing, 64GB might be enough, but otherwise you should consider 128GB to be a safer minimum. Andrew Hoyle/CNET Higher-end phones -- particularly those that can record high quality 4K video -- offer capacities of 256GB or more. With that much space, you'll barely need to think twice about having to clear out old files. If the phone supports microSD cards then it's a different matter, as you can pick up 32GB microSD cards (or bigger) for very little money these days and popping one into your phone will dramatically increase the amount of storage you'll have access to. Unfortunately, expandable storage is a very rare feature on phones these days. However, most phones will support external storage over USB-C, so if you're going on holiday and want to shoot a lot of high-resolution video, taking a small SSD drive to offload your footage to might be a good idea. Bonus features Many of these features are now common on phones at various price points and are worth keeping in mind when you're shopping. Fingerprint scanner or face unlock: A scanner may be on the back or even invisibly built into the display. Biometric security, as it's called, is more secure than having to remember a PIN. Water-resistant: Do you often take calls in the rain? Look for a phone with at least an IP67 rating to keep it safe from water and spilled drinks.
