Home About

TL;DR CNBC


Apple expected to post fourth consecutive quarterly sales decline Thursday - TL;DR CNBC

Apple expected to post fourth consecutive quarterly sales decline Thursday

Publishing timestamp: 2023-11-01 14:37:38


Summary

Apple is expected to report its fourth consecutive quarterly revenue decline, with sales down about 1% from the same quarter last year. Analysts are concerned about Apple's lack of growth and want to see revenue increasing again. There are concerns about iPhone demand in China and competition from Huawei. Apple's services business is expected to offset some weak hardware revenue.


Sentiment: MIXED

Tickers: AAPL, 

Keywords: earnings,  tim cook,  business,  iphone,  mobile,  entertainment,  breaking news: technology,  business news,  apple inc,  technology,  china,  dividends, 

Source: https://www.cnbc.com/2023/11/01/apple-q4-2023-earnings-preview-fourth-consecutive-sales-decline-expected.html


Developed by Leo Phan