Apple earnings: iPhone sales fuel 'relatively flat' expectations
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Apple reports slumping iPhone sales as global demand weakens
iPhone sales fell 10% compared with the same time period last year, but the company still beat Wall Street’s expectationsApple released its earnings report on Thursday, revealing a drop in overall revenue fueled by slackening iPhone sales.Earnings exceeded market expectations, however, and Apple’s shares rose in after-hours trading. Tim Cook, Apple’s chief executive, said in a statement released before the call that “Apple is reporting revenue of $90.8bn for the March quarter, including an...
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Apple beats Q2 estimates, as iPhone sales decline 10%
Apple (AAPL) reported its second quarter earnings after the bell on Thursday beating expectations on the top and bottom lines,...
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iPhone 15 Pro is unexpectedly the sales champion of spring 2024
Historically, the "Pro" iPhone models get passed by the lower-end model in the spring -- but so far 2024 is very different. iPhone 15 loses market share despite series' overall success The second full quarter since the release of Apple's iPhone 15 series reveals a significant shift in consumer buying habits, particularly affecting the base iPhone 15 model. The shift in consumer preferences is a key factor in the declining popularity of the base model. While the current iPhone lineup...