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Apple has unveiled the quarterly results that exceeded Wall Street’s expectations slightly, but iPhone sales were flat in the previous year as the company fights the increasing competition from local appliances in China.
On Thursday, Apple announced revenues of $ 124.3 billion for the quarter of December, overcoming the estimates of analysts in the Bloomberg poll worth $ 124.1 billion and an increase of 4 percent over the same period in the previous year. The iPhone sales were 69.1 billion dollars, and almost flat on an annual basis.
It represents the entire first quarter since Apple “Apple Intelligence”, a group of artificial intelligence features that include partnership with Openai.
Apple’s financial director Kevan Barrick told the Financial Times that the company “is incredibly optimistic about the deep influence of Amnesty International.”
He said that the performance of the iPhan 16, which supports artificial intelligence, was stronger than the markets where Apple Intelligence was not available, indicating that Apple Intelligence has aroused consumer attention.
Barrick went up to the role this year, and took the position of Luca Maestri, who was in a position for a decade.
China’s revenue, as Apple was subjected to increasing competitive pressure from local smart phone makers such as Huawei and Xiaomi, $ 18.5 billion, a decrease of about 11 percent.
Apple’s Services, which includes the iCloud and Apple Pay, has achieved standard high, as it has recorded revenues of $ 26.3 billion. The iPad and MacBook products also have two numbers.
His total net income was 36.3 billion dollars, above estimates of $ 35.5 billion. Lowering profits of the share amounted to $ 2.40, also over Wall Street’s expectations.
The results come with the growth of concerns about the impact of the new US tariff system during the era of President Donald Trump, who promised this week a tariff on the Taiwanese semiconductor manufacturers. The Apple supply chain relies heavily on exporters in Asia.
Barrick refused to comment on the risks of a possible tariff, saying that the company “is closely monitoring the situation.”
Apple shares were flat in trading after working hours on Thursday, after a week of turmoil in technology shares, with a defeat on anxiety -led NVIDIA shares about Deepseek in China.
Its shares were isolated from the defeat of the broader technology market, and the $ 600 billion loss of the market value in NVIDIA this week leaves the iPhone maker as the best company in the world, by about $ 3.6 trillion.
Before Apple’s profit report, analysts were floundering about whether Apple Intelligence was, with its amazing start -up that did not reach other than English speakers, had provided any meaningful batch of devices sales for the shorter period.
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2025-01-30 21:35:00
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