Apple sales drop, Tim Cook sees return to growth amid AI …

May 2, 2024 · Apple CEO Cook said the iPhone maker expects “to grow low-single digits” in overall revenue. AP For the fiscal second quarter, iPhone sales fell 10.5% to $45.96 billion, compared with analyst ...

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Apple Sales Drop, Tim Cook Sees Return To Growth Amid AI …

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Apple CEO Tim Cook Promises IPhone Sales Will Rebound After AI …

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Jan 31, 2025 · AI features called Apple Intelligence are driving sales of the company’s new devices, CEO Tim Cook said. Getty Images. Total sales of $124.30 billion for the fiscal first …

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Apple Sells $46 Billion Worth Of IPhones Over The Summer As AI …

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Oct 31, 2024 · Cook said plans to expand the AI iPhone features into other countries in December, as well as roll out other software updates that will inject even more of the …

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Apple IPhone Sales Drop In Q3, Tim Cook Set To Spend More On AI

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Aug 3, 2023 · Apple said iPhone sales were $39.67 billion, below analyst expectations of $39.91 billion, according to Refinitiv data. Cook said the installed base of iPhones hit a new high but …

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Apple Sees Biggest Fall In Sales For A Year - Citinewsroom.com

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May 3, 2024 · Apple boss Tim Cook tried to beat back doubts about the future of the tech giant, after it reported its biggest sales fall in more than a year. Sales slumped 4% year-on-year in …

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Apple Outlines 2025 Revenue Growth Targets Amid Strong Q1 …

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Earnings Call Insights: Apple Inc. (NASDAQ:AAPL) Q1 2025Management View. Tim Cook highlighted record-breaking revenue of $124.3 billion for Q1 2025, a 4% year-over-year …

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Apple Sales Drop, Tim Cook Sees Return To Growth Amid AI …

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May 3, 2024 · But iPhone sales fell 10.5% to $45.96 billion. REUTERS. Apple said fiscal second-quarter revenue fell 4% to $90.8 billion, beating the average analyst estimate of $90.01 billion, …

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FAQs about Apple sales drop, Tim Cook sees return to growth amid AI … Coupon?

Does Apple's AI feature help boost sales?

This article may contain affiliate links that Microsoft and/or the publisher may receive a commission from if you buy a product or service through those links. The sale of Apple iPhones has dipped after CEO Tim Cook said its AI feature has helped boost sales. ...

Why did Apple's iPhone sales drop last year?

Sales of Apple iPhones dropped at the end of last year, as the tech firm's roll out of new artificial intelligence (AI) features was met with a lukewarm response. Chief executive Tim Cook said the new features helped to drive stronger sales in the countries where they were available, such as the US. ...

Why did Apple's iPhone sales decline at the end of 2024?

Apple's iPhone sales declined at the end of 2024 since its artificial intelligence feature rolled out The U.S. tech firm's CEO Tim Cook said its new AI feature - which is supported on the company's newest devices - has helped boost sales in places where they were available. ...

Why did Apple stock drop 2%?

Apple shares dropped about 2% after the mixed results and outlook. Strength in services drove the profit beat in the third quarter, but weaker than expected sales of Apple’s most famous device, the iPhone, underwhelmed investors. Executives said iPhone sales would improve but did not say how much. ...

Why did Apple stock rise in after-market trading?

Apple shares rose in after-market trading on Thursday after the company forecast higher sales than Wall Street expected, a sign the company expects iPhone sales to recover as it rolls out artificial intelligence features. Apple executives said they expect sales for the current quarter to rise in the low- to mid-single digit range. ...

Does Apple expect a return to revenue?

Apple on Thursday reported a shallower than expected decline in quarterly revenue, and Chief Executive Tim Cook told Reuters the company expects a return to sales growth in the current quarter as it invests in AI features to be unveiled in the coming months. ...