US EditionApple Got a Much-Needed iPhone and China Boost, but Expects a $1.1 Billion Tariff Hit This Quarter - Egypt Independent
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In contrast to Nvidia and Microsoft, which literally broke the ceilings by becoming at the same time the first private companies to pass the 4000 billion capitalisation mark, Apple's excellent results, though well beyond the analysts' estimates, had the effect quite the opposite. If the action had shuddered up [...] Read more... Follow iPhoneAddict.fr on Facebook, and follow us on Twitter Don't forget to download our free iAddict app for iPhone …
Apple got a much-needed iPhone and China boost, but expects a $1.1 billion tariff hit this quarter - Egypt Independent
Apple reported strong iPhone sales and rebound in revenue from China, giving a much-needed boost to two parts of the company’s business that had struggled over the past year.
Apple iPhone sales rebound as China revenue climbs, but tariffs loom
Apple’s record iPhone sales face $1.1 billion in upcoming tariffs. iPhone trails rivals concerns abuout as lack of AI persist. Apple’s latest results showed a rebound in iPhone sales and a recovery in China, giving a lift to two areas that had been under pressure over the past year. The better-than-expected quarter helped calm investor concerns about the company’s core business, even as it works to catch up with rivals in artificial intelligence…
Apple, a company based in Cupertino, California, generated $44.6 billion in iPhone sales during the June quarter
Apple has sold its three billionth iPhone and has a record turnover in services. It promises to invest more in artificial intelligence.
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