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.

Published 2 months ago · Cupertino, United States

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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.

2 months ago·Mumbai, India

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Reuters

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 .

2 months ago·United Kingdom

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Associated Press News

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

2 months ago·United States

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abc News

Apple suffers 1st quarterly sales decline in nearly 4 years

Apple has posted its first quarterly revenue drop in nearly four years

2 months ago·United States

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Independent.ie

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.

2 months ago·Ireland

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