Despite a decline in iPhone sales, Apple stock finished flat following Q3 earnings, as reported by Yahoo Finance. This news comes as Sales of Macs and iPads lead Apple’s Quarterly Revenue Up 5%, as reported by The New York Times. Investors still expect an AI rally despite Apple iPhone sales sliding, according to The Wall Street Journal.
Apple’s earnings beat puts the tech giant on sure footing ahead of next month’s AI iPhone launch, according to CNBC. The company is pinning hopes on AI for iPhone upgrades as China sales falter, as reported by Reuters. The future outlook for Apple remains positive as they continue to innovate and push the boundaries of technology, seeking growth in different sectors beyond just smartphone sales. The resilience of Apple’s stock despite challenges in its key product highlights the company’s ability to adapt and evolve in the ever-changing tech landscape.
