Apple really needs to build an AI agent, @danielnewmanUV says on today's Market Hang. "I've been an Apple skeptic over the years, but what I will say is this is actually something that Apple should nail," Newman adds. Join the Market Hang every day at 12:30 p.m. ET on Yahoo Finance.

Apple ($AAPL) is seeing strong early iPhone 18 Pro demand in China, with launch-week sales up 12% YoY and a 33% market share. Gene Munster (@munster_gene) says Wall Street’s FY27 iPhone revenue estimates may be 10% too low.

Apple, Nvidia and Microsoft combined are 14t in market cap and all three are about to make new all time highs. We just entered the agentic consumer world which explodes the demand for compute and changes the way the world consumes from humans to agents. You would have thought people would have learned from the enterprise agentic moment last November with Opus 4.5 when everyone was sending out scary charts of ORCL CDS and talking about bubbles and Sam Altman on BG2, but instead my X feed is littered with scary news about breadth and 10y rates. Future shock is a real thing.

Apple is set to make its long-awaited debut in the smart-home market on Oct. 13. The company has a smart-home hub code-named J490, it will update the HomePod mini and unveil a new TV set-top box. Ed Ludlow reports

APPLE’S $2,000 FOLDABLE IPHONE COULD SELL 6 MILLION UNITS Apple’s rumored first foldable iPhone, expected to cost around $2,000, could reportedly sell as many as 6 million units. The device is expected to bring Apple’s design, software, and premium ecosystem to the foldable-phone market, where high prices and durability concerns have limited mass adoption. If Apple can deliver a polished foldable experience, the product could become a major new category for the iPhone lineup despite its premium price. The projected 6 million sales would also signal strong consumer interest in Apple’s entry into foldable smartphones, potentially intensifying competition across the high-end mobile market.

Apple $AAPL is reportedly planning a major smart-home push on Oct. 13, led by a new 6-inch AI home hub powered by Siri. The device can recognize different household members, show personalized info, control smart-home devices, and handle FaceTime, music and more. A new HomePod mini and Apple TV are also expected. Source: Bloomberg

Apple plans to make its long-delayed push into the smart-home market in the next few weeks. At the center of the strategy is a hub with the code name J490. Here's what we know: 📷: Michael Nagle / Bloomberg