2026-05-01
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Published by Capital Client Group, Inc. Good morning from the Financial Times.
Today is Friday, May 1st, and this is your FT News Briefing.
Apple's iPhone sales are booming, and the energy shock from the war in Iran is complicating things for central bankers.
Plus, Tinder has been looking for love in all the wrong places.
But the app is trying to turn things around.
Tinder was one of the first apps to break onto the scene.
But with other apps coming on, many users have decided that if they are to find that special person,
they 're more likely to do it on one of Tinder's competitors.
I'm Mark Filippino, and here's the news you need to start your day.
Apple reported quarterly earnings yesterday, and things?
Things are good.
The smartphone maker saw about a 17% annual rise in revenue to the end of March.
That's a little bit more than $111 billion for the quarter.
And Apple is thanking what it calls its most popular iPhone model ever for the success.
Apple CEO Tim Cook said there has been extraordinary demand for the iPhone 17.
IPhone sales rose more than 20% last quarter.
This is the first earnings report since Apple announced that Cook is stepping down in September.