{"id":16423,"date":"2024-10-31T21:39:29","date_gmt":"2024-10-31T20:39:29","guid":{"rendered":"https:\/\/costops.com\/index.php\/2024\/10\/31\/apple-reports-robust-demand-for-iphone-16-even-as-overall-sales-in-china-slow\/"},"modified":"2024-10-31T21:39:29","modified_gmt":"2024-10-31T20:39:29","slug":"apple-reports-robust-demand-for-iphone-16-even-as-overall-sales-in-china-slow","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/10\/31\/apple-reports-robust-demand-for-iphone-16-even-as-overall-sales-in-china-slow\/","title":{"rendered":"Apple reports robust demand for iPhone 16 even as overall sales in China slow"},"content":{"rendered":"<p>Company reports $94.9bn in revenue, slightly beating Wall Street projections in first look at demand for its new phone<\/p>\n<p>Apple reported strong demand for the iPhone 16 in its quarterly earnings report on Thursday, though sales in China slightly decreased year-over-year. The company reported $94.9bn in revenue, up 6% year-over-year, and $1.64 in earnings per share (EPS). The company\u2019s earnings slightly beat Wall Street projections of $94.4bn in sales and an EPS of $1.60.<\/p>\n<p>The company saw $46.2bn in revenue from iPhone sales, up from $43.8bn year-over-year. Fourth-quarter revenue from its services division, which include subscriptions, increased from $22.31bn to $24.97bn year-over-year.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2024\/oct\/31\/apple-quarterly-earnings-iphone-16-china\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/19457cb6cefa2142c5dc86e18b917c2c6ef85e19\/0_92_2766_1660\/master\/2766.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=ab2637266a34f04de39abdeaeda8e98e\" title=\"Apple reports robust demand for iPhone 16 even as overall sales in China slow\" \/>Company reports $94.9bn in revenue, slightly beating Wall Street projections in first look at demand for its new phone<br \/>\nApple reported strong demand for the iPhone 16 in its quarterly earnings report on Thursday, though sales in China slightly decreased year-over-year. The company reported $94.9bn in revenue, up 6% year-over-year, and $1.64 in earnings per share (EPS). The company\u2019s earnings slightly beat Wall Street projections of $94.4bn in sales and an EPS of $1.60.<br \/>\nThe company saw $46.2bn in revenue from iPhone sales, up from $43.8bn year-over-year. Fourth-quarter revenue from its services division, which include subscriptions, increased from $22.31bn to $24.97bn year-over-year. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company reports $94.9bn in revenue, slightly beating Wall Street projections in first look at demand for its new phone Apple reported strong demand for the iPhone 16 in its quarterly earnings report on Thursday, though sales in China slightly decreased year-over-year. The company reported $94.9bn in revenue, up 6% year-over-year, and $1.64 in earnings per &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2024\/10\/31\/apple-reports-robust-demand-for-iphone-16-even-as-overall-sales-in-china-slow\/\"> <span class=\"screen-reader-text\">Apple reports robust demand for iPhone 16 even as overall sales in China slow<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":16424,"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\/16423"}],"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=16423"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/16423\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/16424"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=16423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=16423"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=16423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}