Apple profits top estimates even as competition dents China …

6 days ago · Apple’s quarterly profits and revenue crept past Wall Street forecasts, despite lower iPhone sales as it faced mounting competition in China. The group on Thursday reported …

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Apple Profits Beat Forecasts Despite China Competition Denting …

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Jan 30, 2025 · Apple’s services business, which includes the App Store, iCloud and Apple Pay, posted record revenue of $26.3bn in the December quarter. Its iPad and MacBook products …

ft.com

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

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Jan 30, 2025 · Apple's fiscal Q1 revenue of $124.3 billion for the holiday period was a quarterly record, rising 4% year over year and narrowly beating the consensus estimate of $124.1 billion.

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Apple IPhone Target Is Billions Short Of Wall Street's As China Sales ...

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Feb 1, 2024 · In the rest of Asia beyond China and Japan, Apple's sales hit $10.16 billion, above analyst estimates. Cook said that iPhone sales hit an all-time high in South Korea, home to …

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Apple Earnings: Record Results Even As IPhone, China Sales

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Jan 30, 2025 · Apple’s overall 4% year-over-year sales growth and 10% net profit growth comes largely on the back of growth in the company’s high-margin services division, which …

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Apple Quarterly Profit, Revenue Top Wall Street Targets But China Lags

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Feb 1, 2024 · The iPhone also faces increasing competition in China and has fallen out of favor in government offices. Apple said sales in China were $20.82 billion , missing analyst estimates …

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Apple Revenue Tops Estimates Even As China Sales Remain Slow

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Aug 2, 2024 · The revenue and profit both represented a record for a June quarter, though China remained a weak spot. Sales from that region declined 6.5 per cent to US$14.7 billion, short of …

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

3 weeks from now

Feb 1, 2024 · For its fiscal first quarter ended December 30, Apple reported sales of $119.58 billion and profit of $2.18 per share, both above analyst expectations of $117.91 billion and …

fastcompany.com

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Apple Quarterly Profit, Revenue Top Wall Street Targets But China …

3 weeks from now

Feb 1, 2024 · The iPhone also faces increasing competition in China and has fallen out of favor in government offices. Apple said sales in China were $20.82 billion, missing analyst estimates …

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Apple Reports Another Fall In Sales In Line With Expectations

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Nov 2, 2023 · Apple did enjoy $43.81 billion in iPhone revenue, a quarterly record, according to Apple chief executive Tim Cook. The results suggest that Apple is facing a bigger slowdown in …

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Apple Has ‘worst Annual Performance’ In China As Smaller Rivals ...

3 weeks from now

Jan 16, 2025 · It was Apple’s largest-ever annual sales decline in China and involved contraction in all four quarters, including a 25% drop in the final quarter, according to the data. Apple …

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Apple: Facing Serious Competition In China - Seeking Alpha

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Jan 30, 2025 · Summary. Apple faces significant competitive pressure in China, the world's largest smartphone market. After an 18.2% decline in iPhone sales, Apple is now the sixth …

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Why Apple Can’t Leave China - Financial Times

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Apr 19, 2023 · Apple profits top estimates even as competition dents China iPhone sales With DeepSeek, China innovates and the US imitates OpenAI targets $300bn valuation in SoftBank …

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FAQs about Apple profits top estimates even as competition dents China … Coupon?

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. ...

How much did Apple sell in China?

Apple said sales in China were $20.82 billion, missing analyst estimates of $23.53 billion, according to LSEG data. Cook told Reuters that, when accounting for currency exchange rates, iPhone sales in mainland China were down "mid-single digits" in the quarter but said the company's installed base of iPhones in China is at an all-time high. ...

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. ...

Will Apple's China sales be a bright spot in the future?

Weak consumer spending trends in China, combined with increased competition from Huawei, suggest to Rana that the weakness in Apple's China sales will continue into the future. But iPhone sales in the Americas and Europe should be a bright spot, according to the recent note from Rana. ...

How much money does the iPhone make in China?

The iPhone also faces increasing competition in China and has fallen out of favor in government offices. Apple said sales in China were $20.82 billion, missing analyst estimates of $23.53 billion, according to LSEG data. ...

How did Apple's iPhone revenue compare to expected earnings?

Apple's iPhone revenue also missed targets, coming in at $69.14 billion versus the $71.04 billion estimate. Earnings per share was $2.40, above a forecasted $2.35. ...