Apple set for big sales decline as investors await AI in iPhones

May 1, 2024 · Apple set for big sales decline as investors await AI in iPhones FILE PHOTO: Apple's new iPhone 15 officially goes on sale across China · Reuters Yuvraj Malik

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Apple Set For Big Sales Decline As Investors Await AI In IPhones

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May 1, 2024 · Even with that factored in, Wall Street expects a slight decline in iPhone sales, and analysts estimate Apple's total revenue declined 5% in its fiscal second quarter ended in March.

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Apple Set For Big Sales Decline As Investors Await AI In IPhones

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May 2, 2024 · Apple set for big sales decline as investors await AI in iPhones Analysts on average see iPhone sales, which account for about half of Apple's revenue, falling 10.4% in …

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Apple Set For Big Sales Decline As Investors Await AI In IPhones

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May 2, 2024 · Long considered a must-own stock on Wall Street, Apple shares have underperformed other Big Tech companies in recent months, falling more than 10% this year …

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Apple IPhone Sales Shrink Slightly As Investors Await AI Payoff

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Apple’s AAPL-3.39%decrease; red down pointing triangle iPhone sales fell in the all-important December quarter, a sign that its artificial-intelligence software has yet to kick off a new cycle ...

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Apple Earnings: Record Results Even As IPhone, China Sales

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Jan 30, 2025 · But Apple reported $69.1 billion in iPhone sales last quarter as the smartphones’ newest AI-enabled iPhone 16 model launched, falling short of estimates of $70.7 billion, …

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Apple Set For Big Sales Decline As Investors Await AI In IPhones

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May 1, 2024 · Apple earlier this year lost the crown of the world's most valuable company to Microsoft. Its market value stands at $2.68 trillion after the share price declined 11.24% so far …

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

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Jan 30, 2025 · Ives said the continued rollout of Apple's AI features is underappreciated by investors. He expects about 20% of the world's population will access AI features via an Apple …

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FAQs about Apple set for big sales decline as investors await AI in iPhones Coupon?

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. ...

Will Ai be Apple's 'biggest story' of 2024?

Apple had touted the iPhone 16, which went on sale in September, as the first iPhone built from the ground up for AI. William Kerwin, tech analyst at Morningstar, previously told BI that AI was Apple's "biggest story" of 2024. ...

What is Apple's biggest revenue decline since December 2022?

That would be Apple's biggest revenue decline since the December 2022 quarter, when revenue fell 5.5%. Apple earlier this year lost the crown of the world's most valuable company to Microsoft. Its market value stands at $2.68 trillion after the share price declined 11.24% so far this year. ...

Are Apple's AI features underappreciated by investors?

Ives said the continued rollout of Apple's AI features is underappreciated by investors. He expects about 20% of the world's population will access AI features via an Apple device in the coming years. ...

How much did Apple sell last quarter compared to 2023?

But Apple reported $69.1 billion in iPhone sales last quarter as the smartphones’ newest AI-enabled iPhone 16 model launched, falling short of estimates of $70.7 billion, declining compared to 2023’s last calendar quarter. ...

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. ...