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After surging roughly 50% to a record high in 2023, a rare rating downgrade from Wall Street helped push Apple stock down 3.65% on Tuesday, shaving over $100 billion from the tech giant’s market ...
Apple launched new products in 2024, including the Vision Pro and AI-powered iPhone 16. It faced challenges in China with iPhone sales and antitrust issues in the US and Europe.
October 31, 2024 at 3:59 PM. By Stephen Nellis, Akash Sriram ... Sales in Apple's services business, which includes iCloud storage and Apple Music, were $24.97 billion, compared with analyst ...
Sales in the region declined 8% in 2024, falling to $66.9 billion, and 2% in 2023. At the time, Apple blamed weakness in the renminbi versus the dollar and lower iPhone and iPad sales.
Sales in Apple's services segment, which also represents Apple Music and TV offerings, rose to $23.87 billion, above analyst expectations of $23.27 billion, according to LSEG data.
(Reuters) - Apple shares rose 2% on Friday after a rosy forecast fuelled hopes of an iPhone sales rebound, even as tough competition and a lack of AI features weigh on demand in key market China ...
North America, Apple’s biggest market, generated $162.6 billion, while Europe generated $94.3 billion. All this makes reports of a slowdown in iPhone sales in China perhaps Apple’s biggest and ...
Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic’s outset, deepening a slump that’s increasing the pressure on the trendsetting company to spruce ...