• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Current price of oil as of June 15, 2026

2

CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea

3

Meet Gwynne Shotwell, the engineer-turned-COO who runs SpaceX in platform heels and is now worth over $2 billion

1

Current price of oil as of June 15, 2026

2

CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea

3

Meet Gwynne Shotwell, the engineer-turned-COO who runs SpaceX in platform heels and is now worth over $2 billion
TechApple

Apple Releases New iPhone as HomePod Sales Disappoint

By
Don Reisinger
Don Reisinger
Down Arrow Button Icon
By
Don Reisinger
Don Reisinger
Down Arrow Button Icon
April 14, 2018, 9:00 AM ET
Add Fortune on Google for similar content.

Apple’s past several days have been marked by two things: new iPhone and talk of HomePod sales disappointing.

The tech giant on Monday unveiled the new red iPhone 8 and iPhone 8 Plus. The handset is part of a (PRODUCT)RED lineup of devices from Apple that makes donations to fight AIDS. But while Apple was trying to celebrate that release, a Bloomberg report surfaced, saying the company has been disappointed by HomePod smart speaker sales and has cut its forecasts. To pile on, a judge this week awarded a long-time Apple patent foe, VirnetX, a $502 million cash windfall.

Get Data Sheet, Fortune’s technology newsletter

Needless to say, it wasn’t the best of weeks for Apple. But read on to learn more about some of the tech giant’s biggest news from the past week:

This is Fortune’s latest weekly roundup of the biggest Apple news. Here’s last week’s roundup.

  1. Apple this week released the new (PRODUCT)RED iPhone 8 and iPhone 8 Plus. The handsets come with a red color finish and have the same internal components as the iPhone 8 and iPhone 8 Plus models Apple released last year. Since they’re (PRODUCT)RED iPhones, Apple donates a portion of the proceeds to fight AIDS. In a statement this week, Apple said that it’s donated more than $160 million to the Global Fund, an organization that works to eradicate AIDS, through its (PRODUCT)RED sales. In addition to iPhones, Apple sells (PRODUCT)RED wireless headphones, iPod Touch, and watchbands for its Apple Watch.
  2. The HomePod smart speaker Apple released earlier this year is proving to be far less appealing to consumers than the company had hoped, according to a report this week from Bloomberg. The news outlet, which cited sources who claim to have knowledge of Apple’s sales, reported that Apple has reduced its sales forecast on HomePod. The report also said that HomePod sales are far behind those of its competitors, Amazon Echo and Google Home. Apple, however, has not announced actual HomePod sales figures.
  3. A federal judge this week ordered Apple to pay $502 million in damages to security company VirnetX for allegedly violating four patents VirnetX owns. The battle between the companies, which has nearly spanned a decade, centers on whether Apple’s FaceTime, iMessage, and VPN On Demand services violate communications-related patents owned by VirnetX. This isn’t the end, however: a patent court recently ruled that the four patents are invalid and could help Apple overturn the damages ruling and ultimately win the case if the invalidity decision is upheld.
  4. A report out of Korea this week said the iPhone maker could face sanctions over its business dealings with carriers in that country. According to the report from the Korea Herald, Apple has required its Korean carrier partners to advertise the iPhone and perform repairs on broken handsets at their own cost—a possible violation of local laws. The Korean Federal Trade Commission is reportedly deciding whether to fine Apple for those alleged practices. Apple did not respond to a Fortune request for comment on the report this week.
  5. Apple said on Monday that its worldwide business is now 100% powered by clean energy, up from 96% of all of its facilities across 43 countries reporting full clean energy in 2017. Apple added that nine of its manufacturing partners have also agreed to power facilities that produce the company’s products on clean energy, bringing that total number to 23 partners.

One more thing…Apple co-founder Steve Wozniak has joined the #DeleteFacebook movement to protest the world’s largest social network’s collection of user data and its apparent dissemination to third-parties. The news came as Facebook CEO Mark Zuckerberg testified before Congress over his company’s ongoing scandal.

About the Author
By Don Reisinger
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

A ChatGPT prompt almost killed Ryan Serhant’s $50 million NYC penthouse deal. Here’s how he saved it
Real EstateBrainstorm Tech
A ChatGPT prompt almost killed Ryan Serhant’s $50 million NYC penthouse deal. Here’s how he saved it
By Sydney LakeJune 16, 2026
27 minutes ago
UX UI designers working together
SuccessCareers
Marketing jobs are among the most exposed to AI. Adobe and LinkedIn are teaming up to ensure the industry is upskilled—not replaced
By Preston ForeJune 16, 2026
30 minutes ago
Two mayors, one $10 billion AI data center, and a growing divide in small-town Texas
AIPolitics
Two mayors, one $10 billion AI data center, and a growing divide in small-town Texas
By Sharon GoldmanJune 16, 2026
30 minutes ago
Agentic AI systems are doing more and more work. Now humans need to figure out how to verify it all
AIBrainstorm Tech
Agentic AI systems are doing more and more work. Now humans need to figure out how to verify it all
By Alexei OreskovicJune 15, 2026
7 hours ago
Gina Rinehart
InvestingSpaceX
Australia’s richest person just bought a SpaceX stake worth more than $1 billion. ‘Elon has done what very few people in history have done’
By Jacqueline MunisJune 15, 2026
11 hours ago
Top analyst: 71% of SpaceX’s $2 trillion value rests on AI. Grok’s numbers are ‘almost comical’ by comparison
Startups & VentureSpaceX
Top analyst: 71% of SpaceX’s $2 trillion value rests on AI. Grok’s numbers are ‘almost comical’ by comparison
By Mia OsmonbekovJune 15, 2026
12 hours ago

Most Popular

Current price of oil as of June 15, 2026
Personal Finance
Current price of oil as of June 15, 2026
By Joseph HostetlerJune 15, 2026
18 hours ago
CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea
Success
CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea
By Preston ForeJune 13, 2026
3 days ago
Meet Gwynne Shotwell, the engineer-turned-COO who runs SpaceX in platform heels and is now worth over $2 billion
Startups & Venture
Meet Gwynne Shotwell, the engineer-turned-COO who runs SpaceX in platform heels and is now worth over $2 billion
By Eva RoytburgJune 15, 2026
1 day ago
Boomers actually do hold most of the wealth and power. So why do they call it 'whiny' to point that out?
Economy
Boomers actually do hold most of the wealth and power. So why do they call it 'whiny' to point that out?
By Nick LichtenbergJune 14, 2026
2 days ago
Current price of silver as of Monday, June 15, 2026
Personal Finance
Current price of silver as of Monday, June 15, 2026
By Joseph HostetlerJune 15, 2026
19 hours ago
Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983
Personal Finance
Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983
By John W. Diamond and The ConversationJune 12, 2026
4 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.