Reported 29 days ago
Apple is poised to report its largest quarterly revenue increase in two years, thanks to strong iPhone demand in China, particularly for the newly launched iPhone 16 series. While overall revenue is expected to rise by 5.7%, concerns over the slow rollout of its Apple Intelligence features might impact future sales as competitors accelerate their AI offerings. The company faces pressure not only from Chinese rivals like Huawei but also from ongoing regulatory challenges in the U.S. and Europe.
Source: YAHOO