Reported 25 days ago
Apple Inc. has raised concerns regarding its revenue growth as it enters a crucial sales period, projecting only modest increases in December sales and reporting a decline in China revenue. The company's earnings show resilience in some areas but highlight ongoing challenges in a fiercely competitive Chinese market. Factors include increased competition, regulatory scrutiny, and slower-than-expected adoption of new AI features, leading to a dip in stock prices despite optimistic global iPhone demand.
Source: YAHOO