Afternoon Coffee: Apple Boosted by Strong iPhone Demand, Carmakers Plan Pan-European Charging Network

Despite some supply chain hiccups, Apple delivered its best quarterly growth in two years with strong iPhone sales and a turnaround in China, the Wall Street Journal reports. Demand for iPhones into 2018 is particularly strong, and iPad and Mac shipments saw double-digit growth during the most recent quarter, pushing Apple’s profit up to $10.71 billion.

EV Charging Network

IONITY, a joint venture of BMW, Daimler, Ford and Volkswagen, plans to open a network of 20 electric vehicle charging stations to the public this year in Germany, Norway and Austria, Reuters reports. The group plans to expand that network to a pan-European system of 400 by 2020, reducing range anxiety for drivers and establishing the infrastructure necessary to spur a consumer shift to electric vehicles.

Columbian Avocados

The fruit millennials are using to destroy the economy can now be sourced from a new location. As Fresh Plaza reports, the first USDA-approved avocados from Columbia are set to soon arrive at the Port of Long Beach, opening up a new agricultural market that can grow the fruit year round.

Jobs Day 

And finally, an economic update: The US economy added 261,000 jobs in October, nudging the unemployment rate down to 4.1%, the lowest level since December 2000, according to CNN Money.

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