Apple's $111B Quarter, Linux's Root Problem, and Musk's 'Partly' Confession

In today's episode: Apple reports Q2 revenue up 17% YoY to $111.18B, vs. $109.66B est., net income up 19% to $29.6B, and authorizes an additional $100B share buyback program Tim Cook says iPhone sales, which slightly missed Q2 estimates, were held back by chip supply constraints, as “demand was off the charts” Apple forecasts Q3 revenue above estimates, with sales expected to rise between 14% and 17%, and said memory expenses would be “significantly higher” in Q3 Apple Q2: iPhone up 22% YoY to $56.99B, vs. $57.21B est., Mac up 6% to $8.4B, iPad up 8% to $6.91B, and Wearables, Home, and Accessories up 5% to $7.9B Researchers detail CopyFail, a now-patched Linux vulnerability that lets unprivileged users gain admin access, as many distributions have yet to add fixes Musk v. Altman: when asked whether xAI has distilled OpenAI models, Elon Musk says the claim is “partly” true