The Rundown iPhone 17 Sales Revive Apple's Growth, Gucci Owner Sells Beauty Unit for $4.7B
6 snips
Oct 20, 2025 The latest market trends reveal the iPhone 17 as a driving force behind Apple's sales revival, thanks to strong demand and a fresh redesign. Kering, the owner of Gucci, has made waves by selling its beauty division to L'Oreal for $4.7 billion, indicating a shift in strategy under new leadership. Cleveland-Cliffs is enjoying sales growth from steel tariffs and plans for rare-earth mining. Additionally, Apple's exclusive F1 streaming rights aim to enhance its TV service while rebranding efforts streamline the user experience.
AI Snips
Chapters
Transcript
Episode notes
iPhone 17 Revives iPhone Revenue
- Apple is seeing its strongest iPhone sales growth since the pandemic driven by the iPhone 17 launch.
- Analysts now expect iPhone revenue to rise about 4% this year and 5% next year to nearly $219 billion.
Host's Personal iPhone 17 Upgrade
- Zaid bought the iPhone 17 Pro and gave his 16 Pro to his wife as part of the upgrade.
- He highlights the aluminum design and new front-facing camera as reasons it felt worth the switch.
Kering Sells Beauty Unit To L'Oreal
- Kering is selling its entire beauty division to L'Oreal for $4.7 billion and a 50-year fragrance licensing deal.
- The move gives Kering cash to pay down debt and refocus on core fashion brands like Gucci and Balenciaga.