Apple faces an uneven economic recovery in China, a key market for Apple.
Apple shuts down employee Slack channels after workers ‘posted Koran verses, organized protests’: reportApple Watch faces US import ban after feds rule it violated patent
Apple said sales for the fiscal fourth quarter ended Sept. 30 fell roughly 1% to $89.50 billion, with nearly $1 billion more in services revenue than Wall Street expected, helping the overall total beat analyst estimates of $89.28 billion, according to LSEG data. Net income rose about 11%. Profit per share of $1.46 beat analyst expectations of $1.39 per share, according to LSEG.
“We’re working hard to manufacture more of them,” he said. “We do believe that later this quarter, we’ll reach a supply-demand balance.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apple's new Mac laptops aren't good enough to keep buyers from switching to PCsApple leaves the door wide open for AMD, Qualcomm, Intel and others to offer better and faster technology
Read more »
Apple’s iPhone lineup is selling well, but the Mac is in a serious rough patchApple’s fourth quarter 2023 earnings showed a revenue increase for iPhone, but all other hardware divisions were down year over year — with the Mac hit particularly hard.
Read more »
Apple Earnings: iPhone, Services Sales and China in Focus Ahead of Key ReportStocks Analysis by Investing.com (David Wagner) covering: Microsoft Corporation, Alphabet Inc Class A, Apple Inc, Amazon.com Inc. Read Investing.com (David Wagner)'s latest article on Investing.com
Read more »
Apple’s abandoned plan to make the Apple Watch Android compatible.Bloomberg has a sprawling piece chronicling the history of Apple’s efforts to expand into health care. One revelation is this: Same old story.
Read more »
How to turn off the Apple TV app’s auto-play previews on an Apple TVApple TV app's auto-play video previews can be annoying and potentially show kids something you don't want them to see. Here's how to turn them off.
Read more »
Apple no longer offers the Apple Music Voice PlanApple Music has stopped offering its $4.99 per month voice-only plan. The subscription was launched in 2021 and only let you access Apple Music using your voice and Siri.
Read more »