When Apple reported its December quarter earnings on Thursday, it revealed that China sales had dropped 11.1% on an annual basis. Cook told analysts that over half of the decline was due to inventory ...
Move due to concerns about potential data leaks to Chinese government and weak privacy safeguards . Read more at straitstimes ...
As Wall Street worries about the lower sales in China, Apple CEO Apple CEO Tim Cook said he is "very comfortable" with the company's channel inventory. Cook said in the beginning of the call that over ...
Apple’s all-important holiday quarter was something of a mixed bag. For one, Apple posted what it called it’s “best quarter ...
Yes, Apple missed big in Greater China, but Evercore ISI analyst Amit Daryanani said the company has "plenty of offsets" to the pressure there. He called out Apple's "ability to manage China headwinds ...
Apple reported a record-breaking $124.3 billion in revenue for the holiday quarter, marking a 4% year-over-year increase.
Apple CEO Tim Cook says that iPhone 16 sales were stronger in countries where Apple Intelligence is available.
Good morning. Apple misses big in China. The Big Short traders aren't bearish anymore. And Rome is gearing up for a major facelift. Listen to the day’s top stories.
Apple reported $18.5 billion in sales in greater China last quarter, comfortably below consensus estimates of $20.9 billion.
Apple said that sales in China dropped in its latest quarter versus the prior year. Revenue in the Greater China segment fell ...
Apple fell slightly short of investor expectations when it reported its first-quarter earnings today. While sales were up 4 percent overall, the iPhone showed signs of weakness, and sales in the ...