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Apple is expected to gain a larger share of India's smartphone sales, with the high-end iPhone 15 Pro and Pro Max models accounting for more of its shipments. The company is projected to account for 7% of all smartphone sales in the country from July to December, up from 5% in the first half of 2023, according to data from market researcher Counterpoint share d exclusively with Reuters. The tech giant has been touting India as its next big growth driver amid declining sales of its flagship device. Its suppliers have also been ramping up manufacturing operations in the region amid weakening demand and regulatory pressure in China. Wait times in India for Apple's latest 15 Pro and Pro Max models, that go on sale Friday, are stretching up to late October, mirroring trends seen in China and the US. Counterpoint estimated the models will account for 25% of overall iPhone 15 shipments in India in the fourth quarter, a 4% increase from what the previous generation top-...

UnitedHealth beat second-quarter expectations as an acquisition and more Medicare Advantage customers fueled revenue growth that balanced a jump in care use United Health beat second-quarter expectations as an acquisition and more Medicare Advantage customers helped balance a jump in care use. The health care giant also raised the low end of its 2023 earnings forecast range on Friday after its profit jumped 8% to $5.47 billion in the quarter. United Health runs a Health insurance Business that covers more than 50 million people, mostly in the United States. It also has an Optum Business that provides care and runs one of the nation’s largest pharmacy benefit managers. Optum revenue jumped 25% to more than $56 billion in the quarter, helped partly by UnitedHealth’s roughly $8 billion acquisition of Change Healthcare. The company also said it squeezed more revenue out of customers served through its Optum Health business, which runs clinics, outpatient surgery centers and provides h...