Tech giant reveals three new iPhone models, updating the top-of-the line handsets released a year earlier
smartphone market
Apple
Apple nears $1 trillion value with 30% jump in profit
Apple is expected to unveil new iPhone models in the autumn, sticking with its practice of releasing upgraded models ahead of the year-end holiday shopping season
Consumer Electronics
Growing smartphone competition hits profits at Samsung Electronics
Samsung shipments in the smartphone market are declining after years of rapid growth, while China rivals such as Huawei and Xiaomi are grabbing more market share