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Business Apr 27, 2026

HSBC Mulls End of HK Bankers' Private‑School Fee Perk Amid Cost‑Cutting Drive

HSBC is reviewing its lucrative private‑school fee subsidy for Hong Kong bankers as part of a broad…
HSBC’s Review of Hong Kong Bankers' Private‑School Fee PerkEurope’s largest bank is reportedly reviewing a benefit that covers up to 95% of school fees for its Hong Kong staff. The move is part of a sweeping overhaul launched by CEO Georges Elhedery to simplify the organisation and cut costs.What the Subsidy Entails and How It Might ChangeCurrent policy reimburses HK$220,000 (£20,700) per primary‑school child and HK$300,000 per secondary‑school child, covering 95% of annual fees. HSBC is weighing whether to limit the perk to new hires, reduce the reimbursement rate, or eliminate it altogether. No final decision has been announced.Financial Scale: Tens of Millions in Annual OutlaysHundreds of Hong Kong staff benefit, costing the bank tens of millions of dollars each year.The subsidy is unique to Hong Kong; it is not offered in other HSBC hubs or to Hang Seng Bank employees.International school fees in Hong Kong are rising, with the English Schools Foundation planning a 4.1% tuition increase, adding roughly HK$600‑HK$720 per month per student.Strategic Impact: Talent Retention, Market Position, and Regional TensionsThe perk has become a point of friction between HSBC’s London headquarters and its Hong Kong operations, where the bank generates the bulk of its profit. Altering or removing the benefit could affect employee morale and the bank’s ability to attract top talent in its most lucrative market, especially as HSBC doubles down on Asia with the recent full acquisition of Hang Seng Bank.Looking Ahead: Possible Scenarios for HSBC and the Hong Kong WorkforceIf the subsidy is reduced, HSBC may need to offset the loss with other compensation tools or enhanced career pathways to retain staff. Conversely, retaining the perk could pressure the bank’s cost‑cutting targets, potentially prompting further restructuring elsewhere. Analysts expect the final decision to be disclosed in the next quarterly earnings update, shaping investor sentiment on HSBC’s Asian growth strategy.
#HSBC #Georges Elhedery #Hong Kong
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Health Apr 27, 2026

The Silent Killer: How War and Neglect Revived Measles in Sudan's Darfur

A devastating measles outbreak has swept through East Darfur, Sudan, killing dozens and infecting o…
East Darfur, Sudan — Hawa Adam did not expect a childhood illness to kill her son. Ali was two years old when he fell sick on February 25 in Labado, in Sudan’s East Darfur state. He died two days later.“I thought it was one of the ordinary childhood diseases,” the 37-year-old told Al Jazeera. “I never imagined I would lose my child to this epidemic.”Hawa attributes his death to the absence of basic medical care – no vaccination, no qualified doctors. “Most doctors”, she says, “left the area after the war broke out, forcing those with means to seek treatment abroad, in South Sudan or Uganda.”The Collapse of Routine Immunization in East DarfurA measles outbreak has struck several Labado districts since March, killing approximately 70 people and infecting about 1,000 others across 12 residential neighbourhoods, in a population of roughly 12,000, which includes displaced people who arrived during the war, according to Mohamed Abdel Aziz, 32, coordinator of the Labado crisis unit.Those numbers were disputed by East Darfur’s health director, Dr Jabir al-Nadeef, who confirmed to Al Jazeera that measles has struck four districts of the state, but only reported 300 cases and 26 deaths, figures that diverge substantially from those documented by the Labado emergency room.“Vaccines only arrived on April 11 from Chad via UNICEF [United Nations Children’s Fund ], after a prolonged period with no supply, and a vaccination campaign is scheduled to run from April 18 to 24 across the state,” he said.Measles is one of the world’s most contagious diseases, spread by contact with infected nasal or throat secretions or breathing in air that was breathed out by someone with measles, according to the World Health Organization (WHO). Outbreaks can result in severe complications and deaths, especially among young, malnourished children.Transmission: Contact with infected secretions or airborne particles.Current Coverage: Measles vaccination has fallen to 46 percent.Routine Immunization: First dose of diphtheria, tetanus, and pertussis dropped to 48 percent in 2024.Quantifying the Human Cost: Disputed Death Toll and Economic BarriersThe first measles cases in Darfur in the current outbreak were recorded in January, according to UNICEF. It is unfolding against the backdrop of a near-total collapse of public health infrastructure across Darfur, where war has gutted facilities, halted routine vaccination and driven out medical personnel.“We discovered the outbreak by accident,” Abdel Aziz, the coordinator, told Al Jazeera. The teams had been conducting home visits for a fire-prevention workshop when they saw the scale of the outbreak, with almost half of the homes visited having measles cases.In the al-Nil neighbourhood, Ismail Issa, 38, lost his two-year-old daughter Makarem on March 11. His brother Ahmed lost an 18-month-old son, Issa, on March 25. Then Hasan, the three-year-old son of Ismail’s sister Medeeha, died on March 23. All three families live in adjoining homes, and the infection passed between them.Abdel Aziz traced much of the death toll directly to a supply failure. Medicines ran out at the government health centre on February 23. Drugs remain available at private pharmacies, but most residents cannot afford them.Intravenous fluids: 8,000 Sudanese pounds ($20.50).Antibiotics: 10,000 to 15,000 pounds ($25.60 to 38.40).A Public Health Catastrophe UnfoldingAsmaa Jalaluddin, 28, lives in the Dar al-Naim West neighbourhood of Labado with her three children. Her three-year-old daughter, Mashaer Rajab al-Sheikh, fell ill on April 5 with fever, diarrhoea and persistent vomiting. She stopped eating and kept her eyes shut for four days.On April 8, Asmaa took her to the Labado health centre, where she was told her daughter had measles. With no medicines available, she was directed to travel to Shuairiya, 40 kilometres north. There, on April 10, Mashaer received fever reducers and vitamins and slowly began to open her eyes again. She was discharged two days later.Local doctors are now calling for intervention from international health organisations, noting that diseases that had been eliminated are returning.UNICEF spokesperson for Sudan, Eva Hinds, told Al Jazeera that “measles cases continue to be reported across Darfur, with insecurity, displacement, damaged health facilities, and prolonged disruption to routine immunisation all constraining the response.”UNICEF says that a measles-rubella vaccine catch-up campaign has been completed across all localities in Central Darfur and West Darfur, as well as parts of North and South Darfur, reaching approximately 2.1 million children aged nine to 14. Vaccination in remaining areas, including East Darfur, is scheduled for mid to end of April, aiming to reach close to 750,000 children across all nine of the state’s localities.The Long Road to RecoveryFor the families of Labado, the calendar offers little comfort. In the al-Nil neighbourhood, three siblings buried their children within days of one another over the Eid holiday. In Dar al-Naim West, a mother counts the days until her daughter’s 14-day isolation ends. In the Safaa neighbourhood, Hawa Adam has already buried hers.“They could have still been alive,” Hawa Adam said. “Those without money die in Darfur.”
#Sudan #Measles #UNICEF
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Politics Apr 27, 2026

Diplomatic Symbolism: King Charles III’s State Visit as a Tool for Crisis Management

King Charles III and Queen Camilla are embarking on a four-day state visit to the United States, ma…
The Diplomatic Reset: King Charles III’s Four-Day State VisitKing Charles III and Queen Camilla are embarking on a four-day state visit to the United States, marking the most significant overseas trip of his reign. Scheduled for April 27-30, 2026, the visit coincides with the 250th anniversary of American independence and aims to reinforce the "special relationship" despite recent diplomatic frictions.Itinerary: A Blend of Ceremony and Crisis ManagementThe visit is meticulously choreographed to balance historical pageantry with high-stakes diplomacy. The schedule spans four days, featuring a mix of formal ceremonies and bilateral meetings:April 27: Arrival at the White House for a private tea and a tour of the newly expanded beehive on the South Lawn.April 28: Full State Arrival Ceremony with military honours, followed by a bilateral meeting with President Donald Trump in the Oval Office and a historic address to a joint meeting of the US Congress—the first since 1991. The day concludes with a formal State Dinner.April 29: Engagement in New York City at the September 11 memorial and a community event in Virginia to mark the 250th anniversary of the nation's founding.April 30: An official farewell at the White House before departing for Bermuda.The Weight of History: Addressing Congress and ProtocolThe significance of King Charles addressing the US Congress cannot be overstated. It represents a "performance of reconciliation between empire and former colony," serving as a reminder that alliances are sustained by memory and shared political mythology rather than just material interests.Analysts note that while protocol will be strictly observed—expecting President Trump to use "Your Majesty”—the rules are surprisingly flexible in the American context. Unlike in the UK, bowing and curtsying are not required, allowing for a more relaxed, albeit tightly controlled, interaction between the two leaders.Signs of Strain: Trade, Iran, and Public SentimentBeneath the ceremonial veneer, the visit occurs against a backdrop of significant diplomatic tension. Relations between the US and UK are strained over the war in Iran, where Prime Minister Keir Starmer refused to join a military operation sought by Trump, and trade disputes regarding Britain's digital services tax.Furthermore, the political climate in the US is volatile. With the "No Kings" protest movement gaining traction, the visit risks becoming a flashpoint for public dissent. Experts warn that the presence of a British monarch—symbolizing the very authority the republic rebelled against—could inadvertently energize protest movements.Outlook: Navigating Volatility and SymbolismThe visit is widely interpreted as "crisis management through ceremony." While King Charles cannot negotiate tariffs or military commitments, his role is to provide a setting of "continuity, restraint, and historical intimacy" that allows elected leaders to step back from open hostility.Looking ahead, the success of this visit will depend on the optics. With President Trump holding the "home-field advantage," analysts will be closely watching for off-script moments and body language. The monarchy's ability to maintain dignity and predictability will be the ultimate test of its utility in modern geopolitics.
#King Charles III #Queen Camilla #Donald Trump
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Entertainment Apr 27, 2026

Harvey Fierstein on Quilting, Kinky Boots, and the Long Road to Sobriety

Harvey Fierstein, the five‑time Tony winner, discusses his turn to quilting, his reflections on the…
Harvey Fierstein’s Return to the Spotlight Through Quilting and Kinky BootsHarvey Fierstein, 73, welcomes visitors to a Connecticut quilt shop where he spends 10‑hour days stitching panels that blend LGBTQ+ symbols, Jewish motifs, and personal humor. In a candid conversation he links his new hobby to the revival of Kinky Boots in London and his ongoing fight for queer rights. From Broadway to the Quilt Store: How Fierstein Found a New Creative OutletFierstein took up quilting in 2009 after being inspired by the TV series *Simply Quilts* and the Names Project AIDS Memorial Quilt. He creates pieces such as:an LGBTQ+ rights quilt featuring pink triangles and yellow Stars of Davida humorous “horny” tree seriespersonal portraits of his two dogsHe donates the quilts, refusing to sell them, and even jokes about turning a casting director’s request into a job interview. Numbers Behind the Narrative: Age, Awards, and the Longevity of Kinky BootsAge: 73 years oldTony Awards: 5 wins, including for *La Cage aux Folles* and *Kinky Boots*Kinky Boots debut: 2012 (Chicago), 6 Tony Awards, still touring worldwide in 2026Sobriety milestone: 5 years to “get your marbles back” Why Fierstein’s Story Resonates in Today’s LGBTQ+ and Theatre LandscapeHis reflections on Kinky Boots highlight the show’s cross‑gender appeal: “women love it, but it’s for men,” he says, noting the musical’s focus on father‑son dynamics and acceptance. Fierstein also connects his personal healing to broader cultural battles, recalling his activism against recent anti‑LGBTQ+ rhetoric and emphasizing that self‑judgment, not just queer shame, hampers many. What Lies Ahead: Future Projects and the Ongoing Fight for Queer VisibilityFierstein is drafting a book about quilting while awaiting the off‑Broadway revival of La Cage aux Folles (June) and watching the London run of Kinky Boots starring Johannes Radebe. He predicts that “as long as there are stories about fathers, sons, and the courage to be yourself, the stage will keep echoing our struggles,” and he remains committed to using both theatre and textile art as platforms for queer advocacy.
#Harvey Fierstein #Kinky Boots #Broadway
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Economy Apr 27, 2026

Oil Prices Surge as US-Iran Peace Talks Stall, Threatening Global Supply

Oil prices have climbed over 2% as peace talks between the United States and Iran stall, with Brent…
Oil Prices Surge Amid Diplomatic StandoffOil prices have climbed higher amid stalled peace talks between the United States and Iran, with global markets reacting to the escalating geopolitical tensions. The breakdown in negotiations has created uncertainty in energy markets, causing Brent crude to rise more than 2 percent as hopes for a second round of ceasefire negotiations between Washington and Tehran unraveled over the weekend.Breakdown in US-Iran NegotiationsThe diplomatic impasse deepened when US President Donald Trump canceled a planned trip to Pakistan by his envoys, Steve Witkoff and Jared Kushner, after Iranian Minister of Foreign Affairs Abbas Araghchi departed Islamabad before any direct engagement could take place between the sides. Araghchi has since arrived in Russia's Saint Petersburg for talks with Russian President Vladimir Putin and other officials as Tehran seeks a way out of the diplomatic deadlock.Market Response and Price FluctuationsAfter initial easing, Brent crude, the primary benchmark for global prices, stood at $106.99 as of 1:30 GMT. Despite the oil price surge, stock markets in Asia shrugged off the impasse to open higher on Monday, with Japan's benchmark Nikkei 225 and South Korea's KOSPI gaining 0.9 percent and 1.5 percent, respectively, in morning trading.Geopolitical Tensions Threaten Global Energy SecurityAs US and Iranian negotiators struggle to break the deadlock, Tehran's threats against commercial shipping in the Strait of Hormuz have reduced traffic to a trickle, paralysing a large portion of the world's supply of oil and natural gas. On Saturday, only 19 commercial vessels transited the strait, which normally carries about one-fifth of global oil and natural gas supplies, according to maritime intelligence platform Windward. Before the US and Israel launched their war on Iran in late February, the waterway saw an average of 129 daily transits, according to the United Nations Trade and Development.Future Outlook for Oil Markets and Regional StabilityTrump announced an extension to their two-week truce last week, without specifying a deadline for reaching a deal to end the war. The prolonged uncertainty in the Strait of Hormuz, a critical chokepoint for global energy supplies, suggests that oil prices may remain volatile in the coming weeks. The situation underscores the delicate balance between diplomatic efforts and market reactions in regions where geopolitical tensions directly impact global economic stability.
#Oil Prices #US-Iran Relations #Strait of Hormuz
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Health Apr 27, 2026

Children's Foot Health at Risk as Specialist Shoe Shops Close Across Britain

The closure of over 1,000 children's shoe shops in Britain since 2020 is causing a decline in child…
The Growing Crisis in Children's Foot HealthParents should care for their children's feet in the same way as their eyes and teeth, according to footwear specialists who are seeing more young people with painful conditions such as bunions. As specialist shoe shops continue to close across Britain, experts warn that a generation of children may face lifelong foot problems due to improper footwear fitting.The Decline of Specialist Shoe Fitting ServicesThe not-for-profit organisation Footwear Hub, formed by 40 specialist shops, has launched the "fit well, grow well" campaign to combat what they describe as a "decline in children's foot health." Nadia Arden-Scott, a co-founder of Footwear Hub, stated: "Parents have been led to believe that fitting shoes is simple and can be done at home, when the reality is that do-it-yourself shoe fitting is potentially causing long-term damage to their child's feet."The campaign's website offers free advice and links to services around the UK, with some parents reportedly having to drive up to 50 miles to access a proper fitting service. "We want parents to value their children's feet the way they value their teeth and eyes," said Arden-Scott, who runs a children's shoe shop in Farnborough called ShuZu. "They would not skip a dentist appointment because they thought they could check their own child's teeth at home."The Scale of Shop Closures Across BritainData from property analysts Green Street reveals that more than 1,000 shoe shops have closed in Great Britain since 2020. With big names reducing their store numbers and independent shops closing, many parents are now ordering shoes for their children online without proper fitting. This trend has accelerated as the high street continues to transform, leaving fewer options for professional shoe fitting services.Health Consequences of Improperly Fitted FootwearWhile there is no scientific data showing that poor footwear choices directly cause disfigurement, podiatrists confirm that ill-fitting shoes can cause lifelong foot problems and lead to issues in the ankles, knees and back. They list fallen arches, hammer and claw toes, bunions and muscular problems as potential risks.Jill Ferrari, a podiatrist and academic, explains: "Young people's feet continue to grow until mid-teens and poorly fitting footwear can lead to toe deformities, poor foot function and reduced gait efficiency. In younger children, poor footwear choices can increase the risk of tripping and falling."Shoe fitters involved in the campaign report seeing a pattern of children wearing shoes that are too small or narrow. Tanya Marriott, a co-founder of Footwear Hub who has worked as a professional shoe fitter for 22 years, said she was seeing more children with bunions. "What we are seeing is deeply concerning. Unlike other clothing, shoes directly affect how children move, develop and grow, and the consequences of a poor fit can last a lifetime."The Future of Children's Foot Health in BritainAs the retail landscape continues to change, the challenge remains how to ensure children have access to proper shoe fitting services. Footwear Hub's researchers frequently encounter children with existing foot conditions – including toe deformities and structural differences – who are not receiving the specialist fitting support they need.The long-term impact of this trend could be significant, potentially leading to increased healthcare costs and reduced quality of life for affected children. The success of the "fit well, grow well" campaign may depend on raising public awareness about the importance of professional shoe fitting and potentially influencing policy to protect access to these specialized services as the retail sector continues to evolve.
#Footwear Hub #childrens foot health #shoe shops closure
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Sports Apr 27, 2026

Premier League’s Banter‑Sphere: How Rival Clubs Are Battling Mental Pressure

As the 2025‑26 season reaches its climax, Premier League clubs are confronting a new battlefield: t…
Premier League clubs are now fighting a psychological battlefield as much as a tactical one. With social‑media memes, locker‑room rituals and managers’ quirky coping tricks on full display, the race for the title and survival has become a study in mental endurance.The Banter‑Sphere Takes Over the Title RaceFrom Gianluigi Buffon's naked pre‑kick ritual in 2006 to Mikel Arteta's “gardening coat” superstition, the piece shows how modern managers and players lean on bizarre habits to quiet the noise. The narrative follows Arsenal, Tottenham and West Ham as they navigate a season described as a “widescreen psychodrama”.Arsenal sit six points clear with a win over Fulham needed to seal the title.West Ham’s Callum Wilson credits the crowd as a “12th man” after his late winner against Everton.Pep Guardiola adopts relaxed slacks while Manchester City chase the league on a tactical edge.Numbers Behind the Pressure: Points, Wins, and Media NoiseWith four weeks remaining, the league table is tight:Arsenal: 84 points from 36 games.Manchester City: 82 points, having dropped points early in January.Tottenham: 78 points, fighting for a Champions League spot.West Ham: 70 points, hovering just above the relegation zone.Beyond the pitch, a surge in online mentions shows a 57% increase in “pressure”‑related hashtags compared with the same stage last season, underscoring the growing mental load.Why Mental Resilience Is Redefining the Premier LeagueThe article argues that traditional sports science has struggled to codify the mental side of the game. While nutrition, GPS tracking and data‑driven tactics are meticulously managed, coping mechanisms remain ad‑hoc, ranging from Brian Clough's net‑bundling drills to José Mourinho's distraction‑based tactics.Fans, too, are part of the pressure engine. The “banter‑sphere” – a relentless stream of memes, taunts and online debates – creates a 24‑hour hum that players must filter, a phenomenon described as the modern “brain‑shout” of eight billion voices.Looking Ahead: How Clubs Might Tame the Psychological StormUpcoming fixtures will test each club’s mental playbook:4 May – Manchester City vs. Everton: a chance for Guardiola to reinforce calm under pressure.6 May – Arsenal vs. Fulham: a potential title‑clinching match that will reveal whether Arteta’s “relaxed‑vibes” approach can hold.10 May – West Ham vs. Arsenal at the London Stadium: a nerve‑wracking showdown that could decide relegation battles.Experts suggest that clubs may soon adopt formal sports‑psychology frameworks, integrating measurable stress‑reduction protocols alongside physical training. If successful, the Premier League could pioneer a new era where mental resilience is as prized as tactical acumen.
#Premier League #Arsenal #Mikel Arteta
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Politics Apr 27, 2026

Iran Exposes the Limits of US Military Force

Iran’s recent missile tests and naval drills have highlighted the growing difficulty for the United…
Iran’s latest series of missile launches and coordinated naval exercises have forced U.S. policymakers to confront the stark reality that military might alone may no longer guarantee strategic success in the region. Iran’s Recent Military Maneuvers Test US Force Projection Mid‑April 2026: Iran fired a salvo of short‑range ballistic missiles from the Persian Gulf, achieving a reported 95% accuracy rate. Simultaneous naval drill involving the IRGC’s fast‑attack craft simulated a blockade of the Strait of Hormuz. U.S. Central Command issued a statement emphasizing “readiness” but refrained from direct engagement. Quantifying the Cost: US Defense Spending vs Iranian Counter‑measures U.S. defense budget for the Middle East FY2026: $15.2 billion, a 3% increase over FY2025. Estimated Iranian missile development expenditure for 2025‑2026: $1.1 billion. Projected operational cost of maintaining a carrier strike group in the Gulf: $2.5 billion per month. Regional Repercussions: Shifts in Middle East Power Dynamics Allied Gulf states expressed heightened concern, prompting secret talks on a joint air‑defense umbrella. Russia and China signaled diplomatic support for Tehran, offering advanced radar and missile technology. Non‑aligned nations, such as Oman, called for renewed multilateral security dialogues. Looking Ahead: Possible Scenarios for US‑Iran Relations Escalation Path: Continued U.S. shows of force could trigger reciprocal Iranian strikes on commercial shipping. Diplomatic Reset: A back‑channel agreement on missile‑test transparency might reduce immediate tensions. Strategic Stalemate: Both sides settle into a costly deterrence posture, diverting resources from domestic priorities. Analysts warn that without a clear diplomatic avenue, the United States may find its conventional leverage eroding, compelling a pivot toward economic and cyber tools to shape outcomes in the Persian Gulf.
#Iran #United States #US Military
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Tech Apr 27, 2026

Tim Cook's Legacy at Apple and the Challenges Ahead for Successor John Ternus

After 15 years as Apple's CEO, Tim Cook will step down in September, handing the reins to John Tern…
The End of an Era at AppleAfter 15 years as Apple's CEO, Tim Cook will be stepping down from the role in September, marking a significant transition for the tech giant. Cook took over from Steve Jobs in 2011 and has since led Apple through a period of unprecedented growth and operational excellence.Cook's Operational LegacyAs discussed on TechCrunch's Equity podcast, Tim Cook's contribution to Apple extends beyond product development. Kirsten Korosec highlighted that Cook "made another product, which was completely around operations." His operations strategy has been so effective that it's been described as "an Apple product" that "changed whole economies." This operational excellence has been a cornerstone of Apple's success during Cook's tenure.Financial Success Under Cook's LeadershipDespite criticisms of product stagnation, Apple's financial performance has been remarkable under Cook's leadership. Sean O'Kane noted that "the company's numbers just sort of keep going up" with "incredible amounts of money from the services business that Tim Cook spun up." The App Store has seen significant growth, with increasing installs and new releases, demonstrating the strength of Apple's software marketplace.The Transition to John TernusJohn Ternus will take over as CEO in September, with Cook remaining as executive chairman. While some view Ternus as a "product guy" reminiscent of Steve Jobs, the question remains who will fill the operational void left by Cook. As Korosec points out, "you can make great products, and that's very important in the Apple universe for sure. But you need to have an operations strategy."Economic Volatility and AI ChallengesThe incoming CEO faces a landscape of potential economic volatility and technological disruption. As O'Kane questions, "how much volatility is around the corner? Are we really looking at a situation [with] the breaking apart of a global economy, along with the rise of artificial intelligence changing how business gets done?" Apple's position in this uncertain future remains a key concern.The Future of Innovation at AppleA key question for Apple's future is whether the company can continue its success without creating new product categories. Anthony speculates that "the iPhone [and] the creation of the smartphone category, in particular, is a once-in-a-generation kind of thing." With significant cash reserves (over $45 billion by end of 2025), Apple has resources to make strategic bets and acquisitions, but the effectiveness of these investments remains to be seen.
#Apple #Tim Cook #John Ternus
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