{"id":21243,"date":"2025-01-30T21:04:27","date_gmt":"2025-01-30T22:04:27","guid":{"rendered":"http:\/\/medexperts.pro\/?p=21243"},"modified":"2025-01-30T22:23:38","modified_gmt":"2025-01-30T22:23:38","slug":"apples-revenue-increases-4-percent-despite-slowing-iphone-sales","status":"publish","type":"post","link":"https:\/\/medexperts.pro\/?p=21243","title":{"rendered":"Apple\u2019s Revenue Increases 4 Percent Despite Slowing iPhone Sales"},"content":{"rendered":"
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The tech giant\u2019s sales of apps and services helped profit grow 7 percent from a year ago, even as the company contended with slumping sales in China.<\/p>\n

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After Apple unveiled artificial intelligence features for iPhones<\/a> last year, the company\u2019s stock soared in anticipation that the new abilities would provide a jolt to a stale business. But a boom in sales hasn\u2019t materialized.<\/p>\n

On Thursday, the tech giant said it sold $69.14 billion worth of iPhones in its most recent quarter, a 0.8 percent decrease from a year earlier and 3.5 percent below the quarterly sales record it reported in early 2022. The company\u2019s sales of apps and services, like Apple Music and Apple TV+, were up, helping to offset the modest performance of its iPhone business.<\/p>\n

Apple\u2019s quarterly revenue increased 4 percent to $124.3 billion during the three months that ended in December. Its profit rose 7 percent to $36.33 billion, rebounding from the previous quarter when it paid a multibillion-dollar fine to European regulators<\/a>.<\/p>\n

The results fell just short of Wall Street analysts\u2019 expectations for $124.38 billion in sales but exceeded projections of $35.62 billion in profit. Shares were down slightly in after-hours trading.<\/p>\n<\/div>\n<\/div>\n

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Despite heavily promoting its new A.I. technology, Apple released an iPhone in September without its signature selling point: an A.I. system called Apple Intelligence<\/a>. The A.I. features became available about a month later in the United States and eventually expanded to other English-speaking countries.<\/p>\n

Apple hasn\u2019t yet released Apple Intelligence in China, its second-most important market, weakening the iPhone\u2019s appeal there. The company\u2019s share of smartphone sales in China fell 2.4 percentage points last year to 15.5 percent, according to Counterpoint Research, a market research firm. Apple, which plans to make its A.I. offering available in additional languages in April, said sales in China fell 11 percent to $18.51 billion.<\/p>\n

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The tech giant\u2019s sales of apps and services helped profit grow 7 percent from a year ago, even as the company contended with slumping sales in China.After Apple unveiled artificial intelligence features for iPhones last year, the company\u2019s stock soared in anticipation that the new abilities would provide a jolt to a stale business. But a boom in sales hasn\u2019t materialized.On Thursday, the tech giant said it sold $69.14 billion worth of iPhones in its most recent quarter, a 0.8 percent decrease from a year earlier and 3.5 percent below the quarterly sales record it reported in early 2022. The company\u2019s sales of apps and services, like Apple Music and Apple TV+, were up, helping to offset the modest performance of its iPhone business.Apple\u2019s quarterly revenue increased 4 percent to $124.3 billion during the three months that ended in December. Its profit rose 7 percent to $36.33 billion, rebounding from the previous quarter when it paid a multibillion-dollar fine to European regulators.The results fell just short of Wall Street analysts\u2019 expectations for $124.38 billion in sales but exceeded projections of $35.62 billion in profit. Shares were down slightly in after-hours trading.Despite heavily promoting its new A.I. technology, Apple released an iPhone in September without its signature selling point: an A.I. system called Apple Intelligence. The A.I. features became available about a month later in the United States and eventually expanded to other English-speaking countries.Apple hasn\u2019t yet released Apple Intelligence in China, its second-most important market, weakening the iPhone\u2019s appeal there. The company\u2019s share of smartphone sales in China fell 2.4 percentage points last year to 15.5 percent, according to Counterpoint Research, a market research firm. Apple, which plans to make its A.I. offering available in additional languages in April, said sales in China fell 11 percent to $18.51 billion.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and\u00a0log into\u00a0your Times account, or\u00a0subscribe\u00a0for all of The Times.Thank you for your patience while we verify access.Already a subscriber?\u00a0Log in.Want all of The Times?\u00a0Subscribe.<\/p>\n","protected":false},"author":1,"featured_media":21245,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-21243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/21243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21243"}],"version-history":[{"count":2,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/21243\/revisions"}],"predecessor-version":[{"id":21246,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/21243\/revisions\/21246"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/media\/21245"}],"wp:attachment":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}