Friday, February 2, 2024

Apple's iPhone Sales Target Billions Below Wall Street Expectations as China Business Suffers

Apple on Thursday forecast a drop in iPhone sales and targeted overall revenue $6 billion (roughly Rs. 49,714 crore) below Wall Street expectations as its China business took a hit. This overshadowed overall fiscal first-quarter sales and profit that beat analysts' targets, powered by iPhone growth, sending Apple shares down 3 percent in after-hours trade.

from Gadgets 360

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Musk Says xAI to Take Legal Action Against Apple Over App Store Rankings

Elon Musk accused the Apple of breaching antitrust regulations in managing the App Store rankings and said that his artificial intelligence ...