Indiana Jones won't be swinging back into movie theaters until at least 2021.
The Walt Disney Co. on Tuesday announced that the planned fifth installment in the "Indiana Jones" franchise will be released in July 2021 instead of July 2020. The film was originally scheduled for release in the summer of 2019.
Script issues are reportedly behind the delay. Last month, "Solo: A Star Wars Story" co-screenwriter Jonathan Kasdan was brought on to help write the film.
Steven Spielberg is set to direct the latest "Indiana Jones" film, with Harrison Ford also reprising his role. Ford turns 79 years old in July 2021.
Spielberg also has a number of films in front of "Indiana Jones," including a remake of "West Side Story."
Apple sells $46 billion worth of iPhones over the summer as AI helps end slump
Apple snapped out of a recent iPhone sales slump during its summer quarter, an early sign that its recent efforts to revive demand for its marquee product with an infusion of artificial intelligence are paying off.
Sales of the iPhone totaled $46.22 billion for the July-September period, a 6% increase from the same time last year, according to Apple's fiscal fourth-quarter report released Thursday. That improvement reversed two consecutive year-over-year declines in the iPhone's quarterly sales.
The iPhone boost helped Apple deliver total quarterly revenue and profit that exceeded the analyst projections that sway investors, excluding a one-time charge of $10.2 billion to account for a recent European Union court decision that lumped the Cupertino, California, company with a huge bill for back taxes.
Apple earned $14.74 billion, or 97 cents per share, a 36% decrease from the same time last year. If not for the one-time tax hit, Apple said it would have earned $1.64 per share — topping the $1.60 per share predicted by analysts, according to FactSet Research. Revenue rose 6% from last year to $94.93 billion, about $400 million more than analysts forecast.
But investors evidently were hoping for an even better quarter and appeared disappointed by an Apple forecast that implied its revenue for the October-December quarter covering the holiday shopping season might not grow as robustly as analysts envisioned. Apple's stock price shed about 2% in Thursday's extended trading, leaving the shares hovering around $221 — well below their peak of about $237 reached in mid-October.
The latest quarterly results captured the first few days that consumers were able to buy a new iPhone 16 line-up that included four different models designed... Read More