Apple quarterly profit dented by weak iPhone sales
Summary by New York Post
Apple on Thursday reported sales and profits that missed Wall Street expectations driven by weak iPhone sales after COVID lockdowns in China disrupted production of the company’s biggest seller.
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Times of India
Apple set to post rare revenue drop as focus shifts to demand rebound
Investors will look for details on how Chief Executive Tim Cook is trying to bolster demand in a weak economy that has prompted mass layoffs in the tech industry, a move Apple has so far avoided thanks to frugal hiring during the pandemic.
Apple set to post rare revenue drop as focus shifts to demand rebound
Apple Inc is expected to report its first decline in quarterly revenue in nearly four years after strict COVID-19 curbs in China rapped the economy and related protests upended iPhone production at its biggest supplier Foxconn .
Apple suffers 1st quarterly sales decline in nearly 4 years
Apple has posted its first quarterly revenue drop in nearly four years. It suffered from pandemic-driven restrictions on its China factories that curtailed sales of the latest iPhone during the
Apple suffers first quarterly sales decline in nearly four years
Apple on Thursday posted its first quarterly revenue drop in nearly four years after pandemic-driven restrictions on its China factories curtailed sales of the latest iPhone during the festive season.