Core Insights - Capri Holdings Limited (NYSE: CPRI) is progressing without Versace, indicating a strategic shift in its operations [1] - The company is facing antitrust issues with Tapestry, Inc. (TPR), which may impact its market position and operational strategies [1] Group 1 - Capri Holdings Limited is focusing on its core business operations while distancing itself from Versace [1] - The company has taken on leverage in previous years, which could affect its financial stability and growth potential [1] - The investment group "Value In Corporate Events" provides insights into major corporate events, including earnings reports and M&A activities, to identify investment opportunities [1]

Core Insights - Apple reported a quarterly profit of $23.4 billion and revenue of $94 billion for the quarter ending in June, exceeding forecasts despite tariff concerns [1][2] - iPhone sales generated $44.6 billion in revenue, up from $39.3 billion year-over-year, indicating strong performance [2][9] - Apple faced $800 million in tariff costs in the last quarter and anticipates $1.1 billion in the current quarter due to ongoing trade tensions [4][7] Financial Performance - The company achieved a revenue record for the June quarter with double-digit growth across iPhone, Mac, and Services [2] - Revenue from Apple's services segment reached $27.4 billion, showcasing significant growth [9] Market Position - Global smartphone shipments decreased slightly to 288.9 million units, with Apple shipping 44.8 million iPhones, a 2% decline [3] - Apple maintained its position as the second-largest smartphone vendor, following Samsung [3] Tariff Impact - The Trump tariffs have increased Apple's costs, with Cook stating that the company is adjusting its supply chain to mitigate these impacts [4][8] - Most iPhones sold in the U.S. are now sourced from India as part of Apple's strategy to navigate trade challenges [7] Strategic Initiatives - Apple is committed to a $500 billion investment in the U.S. over the next four years to bolster its operations [8] - The company's pivot to manufacturing in India demonstrates its supply chain flexibility and ability to adapt to changing market conditions [10]