Apple Earnings: iPhone Sales Impress, but China Slowdown …

Feb 2, 2024 · Apple Earnings: iPhone Sales Impress, but China Slowdown Weighs on Stock Price Quarterly iPhone revenue and gross margin exceeded our expectations, but 2024 will see a …

CouponFollow Extension

4%
OFF

Apple Earnings Recap: Tim Cook Talks Falling China, IPhone Sales ...

2 weeks from now

Jan 30, 2025 · Apple stock lifted following guidance for the current quarter after the company reported a drop in iPhone and China sales. Overall revenue grew 4%.

businessinsider.com

$18.51
OFF

Apple Shares Rise After Positive Sales Outlook Signals IPhone …

2 weeks from now

Jan 30, 2025 · Greater China sales dropped to $18.51 billion, compared with $20.82 billion a year earlier and below the $21.33 billion that a Visible Alpha survey of five analysts expected. ...

reuters.com

$69
OFF

Apple’s Revenue Growth Clouded By Worries About China Slowdown

2 weeks from now

Feb 2, 2024 · Chief executive Tim Cook on Thursday credited the solid earnings report to iPhone sales, which rose 6 per cent to $69.7bn, and an “all-time revenue record in services”, as the …

ft.com

1%
OFF

Apple Posts Record $124.3B Quarter Despite IPhone Slowdown, …

2 weeks from now

Jan 31, 2025 · TECH NEWS : Apple achieved its best-ever quarter with $124.3 billion in revenue, although iPhone sales missed expectations and China sales dropped 11.1%. CEO Tim

indiatimes.com

8%
OFF

Apple Earnings Top Wall Street Forecasts While IPhone, China Sales …

2 weeks from now

Jan 29, 2025 · China has been a persistent area of trouble for Apple over the last two years. Sales in the region declined 8% in 2024, falling to $66.9 billion, and 2% in 2023.

yahoo.com

1%
OFF

Apple IPhone Sales Shrink Slightly As Investors Await AI Payoff

2 weeks from now

On Thursday, Apple reported that iPhone sales for the quarter were down nearly 1% from the prior year to $69.1 billion, a miss from the $70.7 billion analysts were projecting, according to …

wsj.com

$1.64
OFF

Apple Disappoints With Tepid Forecast, China Weakness Despite …

2 weeks from now

Nov 1, 2024 · Earnings were 97 cents a share, though they would have been US$1.64 without a one-time charge related to a European General Court decision, Apple said. Apple introduced …

straitstimes.com

11%
OFF

Apple Beats Even As IPhone, China Sales Fall Short

2 weeks from now

Jan 30, 2025 · Cook told Reuters that about half of Apple's 11% decline in China revenues was attributable to changes in how much inventory the company's resellers held. IPAD, MAC …

newsmax.com

3%
OFF

Apple Earnings: IPhone Sales Impress, But China Slowdown Weighs …

2 weeks from now

Apple shares went about 3% lower following results, likely due to weaker China results and lower iPhone expectations, but we continue to see the stock as overvalued. December quarter …

morningstar.com.au

2%
OFF

Apple Revenue Jumps 2%, But IPhone Sales Slide In China - Fast …

2 weeks from now

Feb 1, 2024 · Apple on Thursday reported sales and profit that beat Wall Street estimates, powered by growth in its iPhone business. But China sales missed analysts’ targets. Apple …

fastcompany.com

$85
OFF

Apple Revenue Tops Estimates Even As China Sales Remain Slow

2 weeks from now

Aug 2, 2024 · Apple revenue tops estimates even as China sales remain slow Sales rose 5 per cent to US$85.8 billion in the fiscal third quarter, which ended June 29, the iPhone maker said …

scmp.com

4%
OFF

Apple Earnings: IPhone Slowdown Is Playing Out | Morningstar

2 weeks from now

6 days ago · Apple’s AAPL December-quarter revenue rose by 4% year over year to $124.3 billion. IPhone revenue declined 1% year over year to $69.1 billion, and services revenue rose …

morningstar.com

1%
OFF

Apple's IPhone Sales Slump In China | Fortune

2 weeks from now

6 days ago · The company's overall sales in China declined 11.1% during the quarter to $18.51 billion, the largest drop in the country since the first quarter of 2024. ... iPhone sales slump in …

fortune.com

FAQs about Apple Earnings: iPhone Sales Impress, but China Slowdown … Coupon?

What happened to iPhone sales in China?

However, iPhone sales of $69.1bn were down slightly and below forecasts of about $71bn. Revenue for the China region, where Apple has come under increasing competitive pressure from local smartphone makers such as Huawei and Xiaomi, dropped about 11 per cent to $18.5bn. ...

Are China's iPhone sales slowing?

Net iPhone sales grew from $65.7 billion one year ago to $69.7 billion in the last three months of 2023, but Jesse Cohen, a senior analyst at Investing.com, said that China’s revenue numbers indicate demand for the device in the region is slowing “more than expected in the face of rising competition from local companies, including Huawei.” ...

Did apple fall short on sales in China?

The world’s most valuable company reported its latest financial results Thursday afternoon, disclosing headline results in line with Wall Street predictions but falling short on sales in China and for its iPhones. The flagship New York City Apple store. ...

Did Apple's China sales disappoint Wall Street forecasts?

And Apple’s China sales also disappointed Wall Street forecasts, coming in at $18.5 billion, below estimates of $20.9 billion, an 11% year-over-year decline. ...

Will Apple's iPhone market share loss continue in China?

The bank said in a recent note that Apple's iPhone market share loss in China will "likely continue with the company already past its product cycle peak and with the consumer subsidies from the local administration to enable smartphone replacement for low to mid-tier phones, which excludes high-end smartphones." ...

Why did Apple's smartphone sales fall 10% last quarter?

Apple’s smartphone sales tumbled a stunning 10% last quarter, according to market research firm IDC. The main cause: iPhone sales in China fell sharply. The company has lost momentum in China as nationalism, a rough economy and increased competition have hurt Apple over the past several months. ...