Reported about 5 hours ago
Apple reported disappointing sales results for the holiday quarter, with revenue from China dropping 11% and iPhone sales falling short of expectations. Despite these challenges, the company provided an optimistic revenue forecast for the upcoming quarter, leading to a boost in its stock price. Apple Chief Executive Tim Cook attributed some of the decline in China to inventory issues, while analysts suggested the company needs to improve its artificial intelligence offerings to remain competitive.
Source: YAHOO