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Apple Crushes Wall Street Expectations as IPhone Sales Soar
Apple faces regulatory rulings in Europe that threaten to undermine its lucrative App Store business. Apple said sales from its services business, which includes the App Store as well as music and cloud storage, were $27.42 billion, topping analyst expectations of $26.8 billion.
What to expect from Apple's earnings? Sluggish iPhone sales growth.
Apple could once again show meager growth in product revenue, as its iPhone business faces competition and a more cautious consumer-spending landscape. Analysts tracked by FactSet expect $62.8 billion in product revenue for the June quarter,
Apple reported fiscal third-quarter results exceeding expectations with $94.04 billion in revenue. Sales of iPhones increased notably. Despite tariff concerns and AI development delays, Apple ...
Equities have been volatile recently. The S&P 500 even flirted with bear market territory earlier this year. While it has ...
Apple's growth relies on buybacks, not innovation. Explore challenges like low CapEx and AI gaps driving overvaluation.
BofA analyst Wamsi Mohan recently asked whether the June quarter even matters for Apple, in light of regulatory, geopolitical and other challenges that are unlikely to settle in the near term. But one ...
Apple achieved significant revenue growth in its spring quarter despite facing tariffs and setbacks in artificial intelligence. With a 10% rise in revenue and continued profitability, the company is ...
Apple is reportedly in talks with OpenAI and Anthropic to bring their AI models, ChatGPT and Claude, into Siri. All you need to knoe ...
Taking a look back at this week’s news and headlines from Apple; iPhone 17 and iPhone 17 Pro launch dates, MacBook Pro upgrade details, iPad multitasking, Apple challenges AI assumptions, and ...
Apple forecast revenue for the current quarter ending in September well above Wall Street’s estimates on Thursday, sending ...
Apple's Worldwide Developers Conference (WWDC) 2025 officially kicked off this week. Weeks before the event, market rumors suggested that Apple Intelligence's progress was far behind expectations ...
I find it interesting how this papers comes out of Apple, the one company that hasn't had much of an LLM showing yet. I also find it humorous how many anti-ai skeptics embarrassingly jumped on ...
Apple has lost four top AI researchers from its foundation models team to Meta. Growing uncertainty and lower compensation ...
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