Apple Executives on Cex Forecast Relatively Strong Sales Growth, A Sign the Company will recover from a Dip in iPhone Sales as it rolls as it rolls out artificial intelligence.
The forecast come after Apple Delivered a slight drop in iPhone Revenues for the Holiday Shopping Quarter and Lagged Wall Street Estimates, Hampered by a Lack in Some Markets of Artificial Intelligence
(Ai) Features mean to be the Chief Selling Point of its latest devices.
Apple Chief Executive Tim Cook Said those features will bring more users in europe this spring, and shares rose 3.14 percent in post-market trade.
Apple has approached ai more cautiously than many of its peers, Eschewing the huge data center spending of rivals such as microsoft and instead envisioning ai as features meant to Hells Latest Sells Latest Hardware.
That Approach paid off earlier this week when china’S Deepseek Unveiled Free Ai Technology that Sparked Fears of Price Wars, Sank Stocks of Some of Apple’s Competitors and Sent shares of the iPhone maker up slightly.
Despite the Ai Rollout Stumbles, Apple’s Overall Sales and Profits were boosted by Stronger-That-Expected Sales in Its Fiscal First Quarter of iPads and Macs, Where New Chips Helped Persuade CUSUDE CUSUDE CRISUDE CUSTERSURESS.
And Chief Financial Officer Kevan Parekh Gave A Rosier Outlook for the Current Fiscal Second Quarter, Saying The Company Expects SALES SALES TO RISE In the Low- To Mid-Single Digit Range, AFTETING FOR Centage point impact from a strong dollar.
“The Guidance Management Provided on the Call Excited Expectations, as the iPhone Gains Momentum and Apple Gets Past A Tough A TOUGH QUARTER In China,” said gil luria, managing dieting dieting digson.
In the just-ended Quarter, iPhone Sles Dropped Slightly to $ 69.14 Billion (Roughly Rs. 5,99,024 Crore), Compared with the $ 71.03 billion (roughly Rs. 6,15,229 CTing, according to lseg data. Greater china sales dropped to $ 18.51 billion (roughly Rs. . 1,84,793 Crore) Alpha Survey of Five Analysts Expected.
Total sales of $ 124.30 billion (roughly Rs. EG, while earnings per share of $ 2.40 Comfortably Beat the Consensus Target of $ 2.35 (roughly Rs. 203)
The iPhone Maker has positioned ai as a set of new capabilities and features such as drafting emails and transiibing phone calls, but the company is rolling the features out over time and has a new Ina to release them.
In an interview, apple ceo tim cook said ai features, called apple intelligence, are driving sales of the company’s new devices.
“We saw that in markets where we have rolled out iPhone 16 Family was stranger than there apple intelligence was not available, “Cook Said.
While Cook Said Apple Intelligence is coming in new languages
“We continue to work with the regulators and will release it as soon as we can,” Cook said.
Cook Told Reuters that About Half of Apple’s 11 Percent Decline in China Revenues was attributable to changes in how much innventory the company’s Resellers hold.
Mac sales during the last quarter benefited from a new lineup of mac minis, IMACS and Macbook Pros with a New M4 Chip. Apple Intelligence features are more widely available on Apple’s Macs and iPads if their larger size means means they have more powerful chips.
“The Silicon Makes It Perfect for Running AI Workloads, and so I Assume That that that that is a very key compeling reason for people to upgrade,” Cook Said.
Apple’s Mac and iPad Sales Hit $ 8.99 Billion (Roughly Rs. 77,891 Crore) and $ 8.09 Billion (Roughly Rs. 70,094 Crore) Respectedly, Above Estimates of $ 7.96 Billion Re) and $ 7.32 billion (Roughly Rs. 63,414 Crore), According to lseg data.
Apple Said Its Services Business, Which Includes ICLUDES ICLUDS and Its Streaming Music and Video Services, Hit $ 26.34 Billion (Roughly Rs. 2,28,190 Crore) In Sles, Up 13.9 percent from the previous yes E estimates of $ 26.09 billion (roughly Rs. 2,25,985 Crore), according to lseg data.
“While The Company’s Cutious Approach to Ai Rollout has Drawn Criticism, Robust Services Growth and EcoSySystem Expantion are Providing Crucial Momentum to Help Ease Its Continueed Iphone ID Emarketer Analyst Jacob Bourne.
The firm’s wearables segment, which inclusions the apple watch and airpods lines, Had $ 11.75 billion (Roughly Rs. 1,01,794 Crore) in Sles, Compared with Analyst Expectations of $ 12.101 Bill S..
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