beating expectations on the top and bottom lines but falling short on iPhone revenue. Sales out of the company's Greater China region were also lower than Wall Street anticipated in the quarter.
Overall it was Apple’s best quarter ever, but iPhone sales didn’t quite hit expectations, mainly because of China. CEO Tim Cook’s key takeaway though: iPhone 16 sales were strongest in ...
Apple's sales forecast for the current quarter appeared to reassure investors even as it said iPhone sales fell in the holiday period and that revenue in China, a major market, was down significantly.
A part of Chang’e 7 mission, China is set to create a flag designed to wave on the Moon, despite the lack of oxygen. Image: American flag on the moon during a historic mission. Credit: NASA / Public ...
The JPMorgan group outlined a trio of worries which loom over the report: Declining iPhone market share in China, “limited traction” for AI features on iPhones so far and foreign exchange head ...
Apple recaptured the top spot in China’s smartphone market in the fourth ... Its shipments fell 17 per cent to 42.9 million units for the year. The iPhone maker made up 15 per cent of the ...
Apple was dethroned as China’s biggest smartphone seller in 2024, with local rivals Vivo and Huawei overtaking the iPhone maker after its annual shipments in the country declined 17% ...
On January 16, 2025, Canalys reported that iPhone shipments in China fell by 25% in the fourth quarter of 2024, while Huawei's shipments rose by 24% during the same period. This significant shift ...
This is especially true for the emoji we use to express love … or is it passion? Heartbreak, maybe? Truth is, there’s a surprising range of heart emoji meanings. To get the scoop, we spoke ...
Apple notched a massive miss in China, recording only $18.5 billion in revenue versus the $21.6 billion that Wall Street expected. IPhone sales also disappointed, coming in below estimates at $69. ...
An icon in the shape of a lightning bolt. Impact Link Wall Street's confidence in Apple's China performance seems to be slipping as its first-quarter fiscal year 2025 earnings announcement approaches.