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Amit Daryanani of Evercore ISI flagged that China was "the lone laggard" as Apple's other geographic markets showed revenue growth. He thinks the China pressure likely drove Apple's miss on iPhone revenue as well.
Apple stock is facing its next big test as the iPhone maker gears up to report earnings. The company just topped a $4 trillion valuation this week.
Fierce competition and supply constraints lead to a sales decline, but Apple’s boss says demand for newest iPhone series will spur a rebound.
Apple Inc.’s iPhone Air went on sale in China on Wednesday, eliciting a subdued consumer response in the world’s biggest smartphone arena.
Apple ( AAPL) shares erased earlier losses and rose 3.5% in extended trading after the tech giant reported fiscal fourth-quarter results that topped estimates, but revenue attributed to the iPhone fell short of Wall Street's forecast.
Apple shares rise 2% as record iPhone 17 demand drives upbeat holiday-quarter forecast despite China weakness and lingering AI concerns.
Apple Inc. projected a jump in sales over the holiday season after releasing new iPhones and worked to reassure investors concerned about a decline in revenue from China.
A Nigerian lady in China shared how people bought all iPhone 17 Pro Max units in bulk and began hawking them outside the Apple Store for extra cash.
According to a report from the South China Morning Post, the iPhone Air “sold out within minutes of its launch in China” earlier today. The report explains that “minutes after” pre-orders began on Friday morning, the iPhone Air was sold out “at all bricks-and-mortar stores in Beijing and Shanghai, as well as in cities like Tianjin.”
Chinese startup Noetix Robotics has developed a humanoid robot priced lower than an iPhone by redesigning its components, structure, and production chain from the ground up.
After posting a quarterly revenue of $102.5 billion, Apple is set to improve upon those already impressive numbers in the months to come.