{"id":15367,"date":"2024-08-01T22:38:34","date_gmt":"2024-08-01T20:38:34","guid":{"rendered":"https:\/\/costops.com\/index.php\/2024\/08\/01\/apple-beats-earnings-forecast-despite-decline-in-iphone-sales\/"},"modified":"2024-08-01T22:38:34","modified_gmt":"2024-08-01T20:38:34","slug":"apple-beats-earnings-forecast-despite-decline-in-iphone-sales","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/08\/01\/apple-beats-earnings-forecast-despite-decline-in-iphone-sales\/","title":{"rendered":"Apple beats earnings forecast despite decline in iPhone sales"},"content":{"rendered":"<p>Tech giant\u2019s revenue rises 4.9% to $85.78bn despite phone sales falling 0.9% and trend of decline in key China market<\/p>\n<p>Apple reported better-than-expected earnings in the third quarter of 2024, with buzz about its new AI features offsetting a continuing decline in its key China market.<\/p>\n<p>Earnings exceeded analyst predictions despite a year-over-year decline in iPhone sales, with revenue rising 4.9% to $85.78bn in the three months ending 29 June, beating the average analyst estimate of $84.53bn. The company maintained its cash dividend at 25 cents for each share.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/article\/2024\/aug\/01\/apple-earnings-china-market-iphone-sales\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/386db601105b074be959e2aa5d69b98bca664dd8\/0_68_2738_1643\/master\/2738.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=efd380fe11b5dfb815930b55fcb88bbc\" title=\"Apple beats earnings forecast despite decline in iPhone sales\" \/>Tech giant\u2019s revenue rises 4.9% to $85.78bn despite phone sales falling 0.9% and trend of decline in key China market<br \/>\nApple reported better-than-expected earnings in the third quarter of 2024, with buzz about its new AI features offsetting a continuing decline in its key China market.<br \/>\nEarnings exceeded analyst predictions despite a year-over-year decline in iPhone sales, with revenue rising 4.9% to $85.78bn in the three months ending 29 June, beating the average analyst estimate of $84.53bn. The company maintained its cash dividend at 25 cents for each share. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tech giant\u2019s revenue rises 4.9% to $85.78bn despite phone sales falling 0.9% and trend of decline in key China market Apple reported better-than-expected earnings in the third quarter of 2024, with buzz about its new AI features offsetting a continuing decline in its key China market. Earnings exceeded analyst predictions despite a year-over-year decline in &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2024\/08\/01\/apple-beats-earnings-forecast-despite-decline-in-iphone-sales\/\"> <span class=\"screen-reader-text\">Apple beats earnings forecast despite decline in iPhone sales<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":15368,"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\/15367"}],"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=15367"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/15367\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/15368"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=15367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=15367"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=15367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}