Apple reported $18.5 billion in sales in greater China last quarter, comfortably below consensus estimates of $20.9 billion.
Apple shares rose 2% on Friday after a rosy forecast fuelled hopes of an iPhone sales rebound, even as a lack of AI features weigh on demand.
Apple stock was up in premarket trading after the iPhone maker posted first-quarter earnings results that beat expectations.
Apple stock lifted following guidance for the current quarter after the company reported a drop in iPhone and China sales.
While iPhone sales faced headwinds, Apple’s Mac and iPad segments saw significant gains. The company reported $8.99 billion ...
According to estimates by IDC and Canalys, overall iPhone market share fell 1% year over year in Q4 to 23% despite the ...
Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple’s iPhone makes up a majority of the firm ...
U.S. stock index futures rose on Friday after Apple forecast strong sales growth, while investors awaited key inflation data that could influence the Federal Reserve's policy decisions.
Investing.com -- Shares of Apple Inc (NASDAQ:AAPL). experienced a 2.5% increase on the Frankfurt Stock Exchange on Friday.
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