Police in at least two Chinese cities have called for residents to turn off the FaceTime app on their iPhones to block scams. In an article published on social media on Tuesday, police in Beijing ...
Numerous companies this earnings season have called out pressure on the consumer in China. A highlight for Apple was a beat on iPhone revenue, which came in about $1 billion better than expected ...
Meanwhile, the iPhone 17 Pro models' development remains in China. Apple's manufacturing presence in India has grown significantly since 2017. iPhone 17 development taking place at Foxconn's ...
Overall iPhone demand continued to be strong, with revenue growing 6% year over year to $46.2 billion, beating analyst estimates, though the company continued to face headwinds in China.
The iPhone grew in every geographic market, chief executive Tim Cook said, signalling that the rest of the company’s product line-up may have been the issue in China, its biggest source of ...
Notably, Foxconn’s local facility near Chennai is the leading contributor, responsible for half of the country’s iPhone exports ... manufacturing away from China, Apple is rapidly expanding ...
However, weaker-than-anticipated sales in China and underperformance in other product lines caused Apple shares to dip about 1% in extended trading. The iPhone 16, which launched only days before ...
The economic survey of 2023-24 had pointed out that Apple had assembled $14 billion worth of iPhones in India during FY24, constituting 14 per cent of its global iPhone production ... country and ...
Cook talked about iPhone 16 demand and said iOS 18.1 with Apple Intelligence was adopted twice as fast as iOS 17.1. Revenue from China misses estimates. Apple's stock was down 2% in after-hours ...
UPDATE—Oct. 31, 2024: This article has been updated to reflect more recent analyst estimates and share price information. Apple will report earnings after the market closes Thursday, the company ...