Recode Daily: Apple’s sales slipped again, but the holiday season looks brighter


The quarterly results were largely in line with expectations.

As expected, Apple posted another quarter of declining sales and its first drop in annual revenue since 2001, but it forecast a modest rebound for the holiday quarter. Apple also saw a steep drop in its China business, but expects the iPhone 7 to turn things around there. — [Ina Fried / Recode]

Craig Barratt, the head of Google’s high-speed broadband Fiber business is stepping down, as the unit halts rollouts to new cities and prepares layoffs. — [Kara Swisher / Recode]

Regardless of the numbers Twitter reports on Thursday, investors will need to hear some kind of plan to deal with its slow growth and the prospect of remaining a stand-alone company. — [Kurt Wagner / Recode]

At Recode’s Code Commerce event, Facebook commerce chief Mary Kusaid the social network isn’t concerned with making money from its shopping services — yet; venture capitalist Kirsten Green described picking e-commerce winners that focus on the customer experience; and John Collison, co-founder of payments startup Stripe, said it’s still too hard to sell stuff online. — [Recode]

The next Code Commerce event will be Dec. 6 in San Francisco, and speakers will include Square’s Jack Dorsey, Apple Pay’s Jennifer Bailey and Wish CEO Peter Szulczewski. Apply now for an invitation. — [Jason Del Rey / Recode]

AT&T’s online-only DirecTV Now package will cost $35 a month and offer more than 100 channels when it launches next month, but CBS still isn’t on board. — [Peter Kafka / Recode]

The headliners at this morning’s Microsoft event (7 am PT; livestream here) are expected to be Windows 10 updates, a new Surface all-in-one PC and just maybe a “Home Hub” to compete with Amazon’s Echo. — [Tom Warren / The Verge]

On the latest episode of Recode Decode, hosted by Kara Swisher, former AOL exec Ted Leonsis talks about the ill-fated $164 billion deal that created AOL Time Warner in 2000 — a deal that he says derailed AOL’s momentum. — [Eric Johnson / Recode]

Top Stories From Recode

Obama says the U.S. government still doesn’t know who shut down the internet last week

Policy makers are starting to ask questions.

This leaked MacBook Pro image shows Apple Pay in action on a fancy new touchscreen

The laptop is expected to be introduced at an event on Thursday.

A San Francisco startup is rallying behind its worker after a brutal attack on his special-needs son

The 10-year-old remains in critical condition.

Watch Uber’s robot truck deliver 45,000 cans of Budweiser

2016, man.

Gig economy companies like Uber are helping the feds spread the word about Obamacare

The move comes ahead of the new open enrollment season, which begins Nov. 1.

Mark Cuban says Washington should approve the AT&T/Time Warner deal

Q&A: It’s all about FANGAS (Facebook, Apple, Netflix, Google, Amazon and Snapchat).

This is Jamboard, Google’s new 4K digital whiteboard

It’ll go on sale next year to Google apps customers for “under $6,000.”

How Janet Jackson’s wardrobe malfunction inspired video entrepreneur Keith Richman

Before Jackson’s “nip slip,” Richman says on Recode Media, online video never worked.

Cash incentives are helping keep Galaxy Note 7 customers in the Samsung family

Loyalists are only grudgingly returning their recalled devices.

Pretty much no one thinks that social media improves our political discussions

Political discussions on social media are less respectful and more angry, a new study found.

Why the NFL won’t save Twitter

Ad revenue could decline next quarter, even with ad money from streaming games.

This Is Cool

Atlas Obscura gets a map

All 10,000 weird, wonderful and just plain interesting sites around the world, from the Icelandic witchcraft museum to the tree goats of Morocco.

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