Apple's iPhone sales during the holiday season slipped despite a highly anticipated AI rollout

Apple on Thursday disclosed its iPhone sales dipped slightly during the holiday-season quarter, signaling a sluggish start to the trendsetting company’s effort to catch up to the rest of Big Tech in the race to bring artificial intelligence to the masses

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Apple profits top estimates even as competition dents China iPhone sales

Silicon Valley group says there are signs rollout of AI features will boost handset demand
Financial Times - 1h
Apple’s Revenue Increases 4 Percent Despite Slowing iPhone Sales

The tech giant’s sales of apps and services helped profit grow 7 percent from a year ago, even as the company contended with slumping sales in China.
The New York Times - 2h
Apple iPhone sales dip despite AI rollout

The company's signature phone has been updated with artificial intelligence, but sales are down.
BBC News - 2h
Apple reports sagging iPhone sales in China as first-quarter earnings barely beat Wall Street’s expectations

Investors pay close attention to tech company’s foray into AI after Apple Intelligence’s glitches and inaccuracies. Apple slightly beat analysts’ expectations in its first-quarter earnings for ...
The Guardian - 3h
Apple disables AI notifications for news in its beta iPhone software

An Apple spokesperson told CNBC that Apple was working on improvements to the software that are coming in a future update.
CNBC - Jan. 17
Retail sales point to a robust holiday shopping season. U.S. economy starts off 2025 with some momentum.

Retail sales rose at a solid pace in the final month of 2024, capping off a good holiday shopping season and suggesting the economy entered the new year with some momentum.
MarketWatch - Jan. 16
Nordstrom raises sales outlook after holiday season was better than feared

CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering."
CNBC - Jan. 11
Costco’s holiday-season sales jump was not just about food, analyst says

Costco Wholesale Corp. on Wednesday reported a 9.9% year-over-year sales gain through the final stretch of the holiday-shopping season, marked by a big jump in online sales.
MarketWatch - Jan. 8
Apple offers rare iPhone discounts in China as foreign smartphone sales drop

Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in one of the world’s most populous countries.
MarketWatch - Jan. 3

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