Sign up for our daily briefing

Make your busy days simpler with the Axios AM and PM newsletters. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to the Axios Closer newsletter for insights into the day’s business news and trends and why they matter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios Pro Rata

Dive into the world of dealmakers across VC, PE and M&A with Axios Pro Rata. Delivered daily to your inbox by Dan Primack and Kia Kokalitcheva.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with the Axios Sports newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with the Axios Des Moines newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with the Axios Tampa Bay newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Austin news?

Get a daily digest of the most important stories affecting your hometown with the Axios Austin newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Atlanta news?

Get a daily digest of the most important stories affecting your hometown with the Axios Atlanta newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Philadelphia news?

Get a daily digest of the most important stories affecting your hometown with the Axios Philadelphia newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Chicago news?

Get a daily digest of the most important stories affecting your hometown with the Axios Chicago newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top DC news?

Get a daily digest of the most important stories affecting your hometown with the Axios DC newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Photo: Alexi Rosenfeld/Getty Images

Apple's financial chief said Thursday that this year's new iPhone models will arrive a few weeks later than they have in years past, confirming earlier news reports and supplier comments.

Why it matters: The move means some revenue that typically comes at the end of September won't come until the final quarter of the year, but also reassures investors and customers that the delay won't be longer.

In a conference call following blowout earnings, CFO Luca Maestri said that supply of the new iPhones will come "a few weeks later" than last year, when the new models went on sale in late September.

Qualcomm had said yesterday that its results would be impacted by a key customer having a delayed global launch for its 5G flagship, so it's fair to infer that at least some new iPhones will support 5G, as expected.

The big picture: Apple didn't give specific financial guidance for the current quarter but said it expects continued strength in its Mac and iPad businesses which saw stronger growth last quarter, amid the pandemic and a shift to distance learning.

"We believe we are going to have a strong back-to-school season," CEO Tim Cook said on the conference call.

Go deeper

Updated Nov 10, 2020 - Axios Events

Watch: A conversation on 5G

Axios' Ina Fried hosted a conversation on the potential of 5G and its capacity to disrupt everything from emergency response technology to sports, featuring Verizon CEO Hans Vestberg, Qualcomm President Cristiano Amon, Raleigh Mayor Mary-Ann Baldwin, Qwake Technologies co-founder John Long, and ORBI CEO Iskander Rakhman.

Cristiano Amon discussed the success of Qualcomm's 5G phones, which recently reported sales and earnings that exceeded expectations. He highlighted how 5G will change mobile phones and household devices in the future.

  • How 5G will upend consumers' video capabilities: "5G will do to video what 4G did to music...We don't listen to CDs in our cars. We stream music everywhere. And that's going to happen with high-resolution video. 95% of the time with 5G, you're going to be able to consume video in the highest possible resolution was made and it's going to turn each and every one of us into a broadcaster"

Hans Vestberg unpacked the increased capacity of 5G and how this will have a tangible impact on consumers.

  • On the leap from 4G to 5G: "On 5G I can connect one million devices per square kilometer...At the same time in 4G, I can do at this one hundred thousand."

In a new Smarter, Faster segment, Ina Fried hosted a rapid-fire Q&A with guests using 5G technology in their fields.

  • John Long discussed how 5G's improved bandwidth is critical for emergency responders: "If there's ever...a natural event where you have 50 hundred firefighters, several hundred, that's where you really need 5G. You need that scale. You won't have that bandwidth for a small number of people."
  • Mayor Mary-Ann Baldwin on how cities can use 5G to make informed policy decisions: "If we can use interconnected devices that give faster and more reliable data, then we can come back and talk about issues like climate change and the impacts on, say, pollution and wind and rain."
  • Iskander Rakhman on the role of 5G in sports entertainment: "5G is going to be essential for bringing new types of experience to increase engagement among the fans of various ages."

Thank you Verizon for sponsoring this event.

Updated 6 hours ago - World

UK government: Kremlin has plan "to install pro-Russian leadership" in Ukraine

British Foreign Secretary Elizabeth Truss. Photo: Gints Ivuskans / AFP via Getty Images

The United Kingdom's Foreign Secretary on Saturday night said the government has "information that indicates the Russian Government is looking to install a pro-Russian leader in Kyiv as it considers whether to invade and occupy Ukraine."

Driving the news: U.S. National Security Council spokeswoman Emily Horne called the intelligence "deeply concerning" in a statement to Axios. The Biden administration has said Russia is actively manufacturing a pretext for invasion and warned that Putin could use joint military exercises in Belarus as cover to invade from the north.

Updated 7 hours ago - Science

This powerful new accelerator looks for keys to the center of atoms

Illustration: Eniola Odetunde/Axios

Nuclear physicists trying to piece together how atoms are built are about to get a powerful new tool.

Why it matters: When the Facility for Rare Isotope Beams begins experiments later this spring, physicists from around the world will use the particle accelerator to better understand the inner workings of atoms that make up all the matter that can be seen in the universe.