Apple says it has never sold more Macs in a single year

Hackers demonstrated a jailbreak for iPhones with Lockdown Mode enabled, persisting even after an iOS 27.2 update. The hacker group Calif shared a video showing the process, though technical details were not disclosed. Apple's Lockdown Mode, designed to protect high-profile users, was previously claimed to have a 100% protection rate. Calif stated they are disclosing vulnerabilities to Apple and will not release a jailbreak tool.

Apple unveiled its first touchscreen MacBook Pro on Oct. 28, featuring an OLED display and M5 Pro/Max processors. The 14-inch model starts at $2,899, while the 16-inch version starts at $3,399. The laptop also includes macOS 27, Apple Intelligence, and up to 128GB of memory and 16TB of storage. Apple claims up to 24 hours of battery life, but the price may deter some potential buyers.

Nvidia (NVDA) surpassed Apple (AAPL) as the world's most valuable company, with a market cap of $4.99T vs. Apple's $4.84T. Apple's margins are pressured by rising memory costs, while Nvidia benefits from AI-driven demand. Nvidia reports earnings on Nov 17.

Apple's fiscal 2026 report reveals $89.7B in purchase obligations, up 60% from last year, with $82.7B due within 12 months. Shares fell 1.9% to $331.90. Rising memory costs may impact gross margins, guided at 45-46% for Q4. Inventory surged 154.3% to $14.54B, driven by component stockpiling. Apple has $136.9B in cash and marketable securities.

Apple will classify AI companion apps as 18+ if they support romantic or sexual relationships, affecting apps like Character.AI and Replika. Developers must declare such content by January 12, 2027. The move follows concerns about data leaks and harmful behavior from these apps.

Apple's shares fell 1.9% to $331.90 after Q4 2026 earnings beat expectations, with revenue at $114.5B and EPS at $2.10. However, lower gross margin outlook and slower Services growth weighed on investors. The stock underperformed the Nasdaq's 0.8% rise. According to the company, higher memory costs and Siri AI rollout expenses contributed to the margin pressure.