Console launches are covered exhaustively. Console cancellations are covered for a week and then vanish, which is a shame, because the cancelled machines explain the industry’s structure better than the successful ones do. A shipped console tells you what a company could execute. A cancelled console tells you what it believed and how late it found out it was wrong. Ten machines that were announced, demonstrated, or in some cases manufactured, and then killed.

Arm reported first-quarter revenue of $1.29 billion, up 22% year over year against a $1.26 billion consensus, with royalty revenue up 22% to $715 million and a second-quarter profit forecast above estimates. Qualcomm reported third-quarter revenue of $9.95 billion, down 4%, guided fourth-quarter profit below estimates, and told the market that revenue from Apple will fall faster than previously expected. The stock dropped more than 7% after hours. Those two prints describe the same handset market from opposite ends of the value chain, and only one of them is shrinking.

The eighth-generation Galaxy Z Fold is drawing a familiar verdict from reviewers: the hardware that matters most has improved, and the compromises have moved rather than disappeared. The positives are substantial. The device is comfortable to hold when closed, which has been the recurring complaint about book-style foldables and the main reason buyers return to conventional phones. The inner display’s shift toward a 4:3 aspect ratio makes the unfolded state genuinely useful for reading and document work rather than presenting a shape that suits neither.