{"id":14323,"date":"2024-05-02T21:38:07","date_gmt":"2024-05-02T19:38:07","guid":{"rendered":"http:\/\/costops.com\/index.php\/2024\/05\/02\/apple-reports-slumping-iphone-sales-as-global-demand-weakens\/"},"modified":"2024-05-02T21:38:07","modified_gmt":"2024-05-02T19:38:07","slug":"apple-reports-slumping-iphone-sales-as-global-demand-weakens","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/05\/02\/apple-reports-slumping-iphone-sales-as-global-demand-weakens\/","title":{"rendered":"Apple reports slumping iPhone sales as global demand weakens"},"content":{"rendered":"<p>iPhone sales fell 10% compared with the same time period last year, but the company still beat Wall Street\u2019s expectations<\/p>\n<p>Apple released its earnings report on Thursday, revealing a drop in overall revenue fueled by slackening iPhone sales.<\/p>\n<p>Earnings exceeded market expectations, however, and Apple\u2019s shares rose in after-hours trading. Tim Cook, Apple\u2019s chief executive, said in a statement released before the call that \u201cApple is reporting revenue of $90.8bn for the March quarter, including an all-time revenue record in services\u201d.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/article\/2024\/may\/02\/apple-earnings-iphone-sales-decrease\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/93a096204783adaa23ca4f6ccbb783159d639d59\/0_0_5173_3104\/master\/5173.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=015f8d47733b8121af287e35a544854f\" title=\"Apple reports slumping iPhone sales as global demand weakens\" \/>iPhone sales fell 10% compared with the same time period last year, but the company still beat Wall Street\u2019s expectations<br \/>\nApple released its earnings report on Thursday, revealing a drop in overall revenue fueled by slackening iPhone sales.<br \/>\nEarnings exceeded market expectations, however, and Apple\u2019s shares rose in after-hours trading. Tim Cook, Apple\u2019s chief executive, said in a statement released before the call that \u201cApple is reporting revenue of $90.8bn for the March quarter, including an all-time revenue record in services\u201d. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>iPhone sales fell 10% compared with the same time period last year, but the company still beat Wall Street\u2019s expectations Apple released its earnings report on Thursday, revealing a drop in overall revenue fueled by slackening iPhone sales. Earnings exceeded market expectations, however, and Apple\u2019s shares rose in after-hours trading. Tim Cook, Apple\u2019s chief executive, &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2024\/05\/02\/apple-reports-slumping-iphone-sales-as-global-demand-weakens\/\"> <span class=\"screen-reader-text\">Apple reports slumping iPhone sales as global demand weakens<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":14324,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/14323"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=14323"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/14323\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/14324"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=14323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=14323"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=14323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}