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Mike Deerkoski / Flickr cc

As I expected, Apple's top level revenue and earnings numbers weren't that interesting in and of themselves, but there were several things that stood out from Apple's quarterly financial report. iPhone sales were sluggish. CEO Tim Cook acknowledged that demand has been a bit slow, possibly due to earlier-than-usual rumors about what might be coming in the next iPhone. China was weak, again. As it has been for the last several quarters, the once fast-growing Greater China segment was Apple's weakest. Cook did say he sees the business improving this quarter, but cautioned Apple is unlikely to return to year-over-year growth. The Apple Watch is becoming a big business. No, Apple didn't actually give us sales figures. But it did give two data points. Sales last quarter were double those of the prior year, and if you add watch sales with the Beats headphones and AirPods business, you have the equivalent of a Fortune 500 company, meaning more than $5 billion a year. Creative Strategies analyst Ben Bajarin estimates Apple sold 3.2 million Apple Watches in the quarter. This originally ran in Login, Axios' technology newsletter. For more new like this, sign up here.

Go deeper

9 hours ago - Health

Food banks feel the strain without holiday volunteers

People wait in line at Food Bank Community Kitchen on Nov. 25 in New York City. Photo: Michael Loccisano/Getty Images for Food Bank For New York City

America's food banks are sounding the alarm during this unprecedented holiday season.

The big picture: Soup kitchens and charities, usually brimming with holiday volunteers, are getting far less help.

11 hours ago - Health

AstraZeneca CEO: "We need to do an additional study" on COVID vaccine

Photo: Pavlo Gonchar/SOPA Images/LightRocket via Getty Images

AstraZeneca CEO Pascal Soriot said on Thursday the company is likely to start a new global trial to measure how effective its coronavirus vaccine is, Bloomberg reports.

Why it matters: Following Phase 3 trials, Oxford and AstraZeneca said their vaccine was 90% effective in people who got a half dose followed by a full dose, and 62% effective in people who got two full doses.

Updated 13 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Coronavirus cases rose 10% in the week before Thanksgiving.
  2. Politics: Supreme Court backs religious groups on New York coronavirus restrictions.
  3. World: Expert says COVID vaccine likely won't be available in Africa until Q2 of 2021 — Europeans extend lockdowns.
  4. Economy: The winners and losers of the COVID holiday season.
  5. Education: National standardized tests delayed until 2022.