Microsoft 365 Outage Lasts More Than 10 Hours as Apple Raises Trade-In Values

A Microsoft 365 outage continued for more than 10 hours, affecting at least tens of thousands of users, while Apple raised trade-in estimates for two iPhone models in its latest adjustment round.

The disruption affected Outlook and other Microsoft apps. It also affected Teams calendar scheduling and Copilot as part of the Microsoft 365 outage. Microsoft said its services were showing early signs of stabilization.

U.S. stock futures were mixed before the open Friday. Dow futures rose 0.16%, and S&P 500 futures gained 0.21%, while Nasdaq-100 futures fell 0.12%.

Apple made its seventh trade-in value adjustment in a year. Estimates for the iPhone Air and iPhone 17 rose by more than 5%, the largest increases in the latest round. Apple also added some Samsung foldable phones to its list of eligible trade-in devices.