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Apple lacks a clear path to growth this holiday season after four straight quarters of shrinkage - TL;DR CNBC

Apple lacks a clear path to growth this holiday season after four straight quarters of shrinkage

Publishing timestamp: 2023-11-02 21:06:05


Summary

Apple reported its fourth straight quarterly revenue drop and indicated that it does not expect revenue growth in the December quarter, which is typically its busiest time of year. While iPhone sales are performing well, other hardware businesses like Mac, iPad, and Wearables are facing challenges. The services business is expected to continue growing.


Sentiment: MIXED

Tickers: GOOGLAAPL

Keywords: technologybusiness newsapple incipadiphonealphabet incbreaking news: technologymobileearningsentertainmentbusinesstim cook

Source: https://www.cnbc.com/2023/11/02/apple-lacks-clear-path-to-growth-this-holiday-season-after-shrinkage.html


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