Reported 2 months ago
Apple reported its Q3 earnings, surpassing expectations with a revenue of $85.5 billion and EPS of $1.40, despite a drop in iPhone sales to $39.2 billion. The company struggled in China, earning $14.7 billion compared to predictions of $15.2 billion. However, services and iPad sales showed growth, while Apple prepares to launch its new generative AI software, Apple Intelligence, which may impact future iPhone sales.
Source: YAHOO