Apple Survives Trade War and AI Challenges to Report Strong Quarterly Earnings

Reported 3 days ago

Apple has reported a strong fiscal third quarter, overcoming tariffs and a slow start in artificial intelligence, with earnings up 9% at $23.4 billion and revenue climbing 10% to $94 billion. The company saw a 13% increase in iPhone sales, particularly in China, which is recovering from previous downturns. Despite these gains, Apple faces future challenges due to potential tariff impacts and the need to enhance its AI capabilities to stay competitive in the tech industry.

Source: YAHOO

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