Ina Fried Nov 6
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First weekend of iPhone X outpaces iPhone 8

After the first weekend, more people are using an iPhone X than were doing so after the first weekend of the iPhone 8, according to data from mobile engagement firm Localytics.

Why it matters: The iPhone is the biggest driver of sales and profits for Apple and demand for the high-end iPhone X is being closely watched by investors.

Reproduced from Localytics

"So far, it seems that Apple's risk in introducing a much higher priced model (iPhone X devices are available for either $999 or $1,149) is paying off, as the iPhone X grabbed 0.93% of the overall market share for iPhones after the first weekend of sales," Localytics said. Combined, the iPhone 8 and 8 Plus accounted for 0.8 percent market share after their first weekend.

However, Localytics said the launch trails other recent launches including that of the iPhone 6, 6S and 7.

While this may seem slightly concerning, it's important to consider that there are significantly more iPhones in the market today than in 2014. While the iPhone 6 was a major upgrade at the time, it did not pack the punch that Apple has introduced with the iPhone X. If Apple's prediction that the 2017 holiday quarter will be one of its best ever comes true, it's likely we will see adoption of the X grab more of the overall market share than its predecessors did after the first months in the market.

The data reflects the number of people that have turned on and started using apps on the device rather than just those who have bought or received a phone.

Separately, Loup Ventures put out a report Sunday saying that the iPhone X appears to be sold out at Apple Stores nationwide, though lead times on orders have shortened somewhat.

Mike Allen 4 hours ago
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A White House olive branch: no plan to fire Mueller

Photo: Jim Watson / AFP / Getty Images

After a weekend at war with the Mueller investigation, the White House is extending an olive branch. Ty Cobb, the White House lawyer handling the probe, plans to issue this statement:

“In response to media speculation and related questions being posed to the Administration, the White House yet again confirms that the President is not considering or discussing the firing of the Special Counsel, Robert Mueller.”

Why it matters: The White House strategy had been to cooperate with Mueller. So this is an effort to turn down the temperature after a weekend of increasingly personal provocations aimed at the special counsel.

Jonathan Swan 6 hours ago
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Trump's trade plan that would blow up the WTO

President Trump announces tariffs on steel and aluminum earlier this month, flanked by Steven Mnuchin, Wilbur Ross, Robert Lighthizer, and Peter Navarro. Photo: Chip Somodevilla / Getty Images

For months, President Donald Trump has been badgering his economic advisors to give him broad, unilateral authority to raise tariffs — a move that would all but break the World Trade Organization.

His favorite word: “reciprocal.” He’s always complaining to staff about the fact that the U.S. has much lower tariffs on some foreign goods than other countries have on the same American-made goods. The key example is cars: The European Union has a 10 percent tariff on all cars, including those manufactured in America, and China hits all foreign-made cars with 25 percent tariffs. But the U.S. only charges 2.5 percent for foreign cars we import.