Published 1 month ago • loading... • Updated 28 days ago

Apple profit tops Wall Street target even as iPhone, China sales fall short

Apple's iPhone revenue fell nearly 1% to $69.1 billion during the holiday quarter, missing analysts' expectations for a 1.4% increase.
Revenue in China dropped 11% to $18.5 billion, disappointing investors as it is Apple's biggest market during the December quarter.
CEO Tim Cook stated that over half of the decline in China was due to changes in channel inventory and acknowledged the fierce competition.
Analysts predict a rebound in China's sales to double digits year-on-year with the upcoming rollout of Apple Intelligence in April.

Insights by Ground AI

Does this summary seem wrong?

242 Articles

All

Left

Center

Right

Business Insider

Apple dodged a DeepSeek sell-off, but its China headache hasn't gone away

Apple reported an 11% decline in sales in the greater China region in the fourth quarter of 2024.Justin Sullivan/GettyApple avoided a hit to its share price from DeepSeek, but it has another China-made problem.iPhone sales in the country have fallen again.An 11% slide in sales last quarter is raising concerns about Apple amid tough competition in China.DeepSeek may not have triggered a sell-off panic for Apple, but the iPhone maker has another C…

28 days ago·United States

Read Full Article

retailwire.com

Apple Reports Q1 2025 Earnings and Lower-Than-Expected iPhone Sales - RetailWire

While iPhone sales did increase, analysts were looking for better results from Apple.

28 days ago

Read Full Article

Inc.

Apple’s Blockbuster Earnings Mask Its Fading Innovation

Apple reported record quarterly revenue but saw China iPhone sales drop.

28 days ago

Read Full Article

Fortune

Apple's iPhone sales slump in China

The company's overall sales in China declined 11.1% during the quarter to $18.51 billion, the largest drop in the country since the first quarter of 2024.

29 days ago·New York, United States

Read Full Article

BizNews.com

🔒 Apple’s stock rebounds despite China slump and iPhone sales dip

Key topics Apple’s China revenue drops 11%, missing analyst expectations. Services revenue hits record $26.3B, growing 14% year-over-year. AI rollout struggles as Apple lags behind key tech competitors. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here. The seventh BizNews Conference, BNC#7, is to be held in H…

29 days ago

Read Full Article

Tagesschau

Apple: iPhone sales fall - but still record quarter

Apple posted record profits in the Christmas quarter, with CEO Tim Cook calling it the "best quarter ever". However, iPhone sales and business in China are declining.

29 days ago·Hamburg, Germany

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year