Apple Admits There Is a Smartphone Slowdown Ahead of iPhone 15 Debut

Apple Chief Executive Officer Tim Cook.Photographer: Justin Sullivan/Getty Images North America

On the cusp of the iPhone 15 debut, Apple has finally admitted what has long been clear: The industry is facing a smartphone slowdown. Also: Another M3 Mac goes into testing, Apple seeks to downplay its Goldman Sachs rift, and Vision Pro developer labs get off to a sluggish start.

Last week in Power On: The iPhone 15 will have thinner bezels in another step toward Apple’s dream phone.

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