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Apple Earnings: Record Results Even As iPhone, China Sales Fall Short Of Forecasts
Apple reported $18.5 billion in sales in greater China last quarter, comfortably below consensus estimates of $20.9 billion.
Apple Stock Rises After Better-Than-Expected Earnings, iPhone Sales Slip
Apple shares rose over 3% in premarket trading, after the company reported better-than-expected earnings but said iPhone sales fell slightly in the December quarter. iPhone sales were down nearly 1% on the year at $69.
Apple's sales in Greater China fell below Wall Street estimates
Apple's much-anticipated sales in Greater China fell to $18.5 billion, down 11% from $20.8 billion in the year-ago fiscal first quarter. That was also below Wall Street's estimates. According to FactSet,
iPhone sales slump in China as Apple falters in key market
In a post on X, Wedbush's Dan Ives said Apple had "yet again proved the skeptics wrong as the upgrade cycle for iPhone 16 is ahead of iPhone 15 with March guidance much better tha
2d
on MSN
General Motors swings to fourth quarter loss on toughing China conditions, but tops expectations
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped ...
14h
Apple's guidance comes as a relief, sending the stock higher
Apple reported fiscal first-quarter earnings Thursday. Analysts are focused on iPhone momentum following a sluggish start to ...
3d
Stocks Down Following China AI News And Ahead Of Big Earnings Week
Markets rallied last week but face premarket losses due to AI concerns. A busy week lies ahead with major earnings, economic ...
6d
Japan’s 10-Year Bonds Could Yield More Than China for First Time in 20 Years
Bonds from Japan and China are moving in opposite directions, and it may soon create an opportunity not seen in two decades.
Bill McEwen
2d
General Motors Swings to 4th Quarter Loss on Toughing China Conditions
GM faces China setback but beats expectations, offers generous profit-sharing to workers, and navigates U.S. regulations.
4d
Matt Egan explains why China’s AI model is causing US stocks to drop
CNN’s Matt Egan reports on a new Chinese AI model called R1, which was created by the company DeepSeek. The R1 model is ...
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