Reported 29 days ago
Apple is set to release its quarterly earnings on October 31, and industry experts are keenly observing the reception of the iPhone 16 and updates regarding its AI initiatives. Ramon T. Llamas from IDC highlights the importance of convenience, ease of use, and utility in the new iPhone, amid concerns of a lengthening upgrade cycle. The iPhone continues to be a major revenue driver, contributing 67% to 70% of the company's total earnings, while the Services sector is noted for its profitability.
Source: YAHOO