The hottest Apple-related news for the week of Jan. 29-Feb. 3

There’s a lot happening in the world of Apple news this week. Following are the hottest articles for the week of Jan. 22-27.

Apple announced financial results for its fiscal 2018 first quarter that ended December 30, 2017. The company posted quarterly revenue of $88.3 billion, an increase of 13% from the year-ago quarter and an all-time record, and quarterly earnings per diluted share of $3.89, up 16%, also an all-time record.

Apple is working on at least three updated Mac models with custom, company-built co-processors for release as soon as this year, including updated laptops and a new desktop, according to Bloomberg, quoting an unnamed “person familiar with the plan.”

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Speaking at NRF 2018 Retail's Big Show in New York earlier this month, Jennifer Bailey, vice president of Apple Pay, said the company’s mobile payment service is now accepted by two out of three U.S. stores.

The latest smartphone operating system data from Kantar Worldpanel ComTech shows that in the three months ending December 2017 iOS made an overall share gain of 0.7 percentage points to 24.8% across the big five European markets, despite market share falling by 2.4 percentage points in the UK.  

Apple has retained the lead in India's premium smartphone market thanks to the iPhone X, according to new data from Counterpoint Research.