News about iPhone

Apple reports decline in sales and profit with Q2 2024 results: $90.75 billion revenue and $23.6 billion profit Revenue breakdown: 📱 iPhone: $45.96 billion (10.46% drop) 💻 Mac: $7.45 billion (3.9% increase) 📱 iPad: $5.56 billion (16.64% drop) ⌚️ Wearables, Home, and… pic.twitter.com/Wq1cuyjS75

Apple sales declined less sharply than feared last quarter, helped by stronger-than-expected demand in China, sparking optimism that the company’s slowdown may be easing. www.bloomberg.com/news/articles/2024-05-02/apple-sales-decline-less-than-feared-as-company-plots-comeback?utm_medium=email&utm_source=newsletter&utm_term=240502&utm_campaign=author_19842959&sref=9hGJlFio

This exchange was major LOL. Analyst: What are we missing here about Apple in China? We received all these industry data points saying iPhone was weak in China. Those were wrong. I'm lost. Tim Cook (paraphrasing): I don't care about random industry data points. I care about…

Tim Cook: China is the most competitive market in the world. We are accelerating in China due to iPhone. With that said, our overall China performance would suggest weakness with Apple products that aren't iPhone.