Apple Shares Rise After Positive Sales Outlook Signals iPhone Recovery

Apple Shares Rise After Positive Sales Outlook Signals iPhone Recovery



Apple officials estimate relatively strong sales growth on Thursday, an indication that the company will overcome the sales of the iPhone as it rolls the artificial intelligence features.

Following the forecast, Apple reduced the iPhone revenue for the holiday shopping quarters and reduces the estimates of Wall Street, which is an obstruction of some markets of artificial intelligence.
(AI) features were to be the main sales point of their latest equipment.

Apple Chief Executive Officer Tim Cook said that those facilities would reach more users in Europe in this spring, and the post -stock trade increased by 3.14 percent.

Apple has approached AI more carefully than AI, more carefully than AI, to help AI sell its latest hardware by increasing the huge data center spending of rivals like Microsoft.

The approach paid earlier this week when China’s Dipsek unveiled free AI technology, which feared price wars, immersed the shares of some of Apple’s contestants and sent the iPhone manufacturer’s shares slightly up.

Despite the stum of AI rollout, Apple’s overall sales and profits were promoted by a strong-to-introduced sale in its financial first quarter of the iPad and MACS, where the new chips helped persist to upgrade customers to upgrade. .

And Chief Financial Officer Kevan Parekh gave a rosear outlook for the second quarter of the current financial year, stating that the company hopes that after accounting for a negative 2.5 percent point effect from a strong dollar, after accounting for the effect Sales will increase.

DA Davidson Managing Director Gill Luria said, “The guidance management provided over calls exceeded the expectations, as the iPhone speed increases and Apple overtakes a difficult quarter in China.”

Currently, iPhone sales fell to $ 69.14 billion (about Rs 5,99,024 crore) as compared to $ 71.03 billion (about Rs 6,15,229 crore), which was expected by Analysts, according to LSEG data. . Greater China sales $ 18.82 billion (about Rs 1,80,381 crore) was required to be $ 21.33 billion (about Rs 1,80,381 crore. The Alpha Survey of five analysts was expected.

The total sales of $ 124.30 billion (about Rs 10,76,978 crore) for the financial first quarter ended December 28 ended a target of $ 124.12 billion (about Rs 10,75,320 crore) of Wall Street, while LSEG According to the income of $ 2.40 per share, an income of $ 2.40 comfortably defeated the unanimous target of $ 2.35 (around Rs 203)

The iPhone manufacturer has deployed AI as a set of new capabilities and features such as preparing email and transcript the phone call, but the company is rolling facilities over time and so far to release them. For a local partner in China.

In an interview, Apple CEO Tim Cook said that AI feature called Apple Intelligence is selling new equipment of the company.

Cook said, “We saw that in the markets, where we rolled out Apple Intelligence, the iPhone 16 family performed year-on-year-to-year was stronger than those where Apple Intelligence was not available.”

While Cook said that Apple Intelligence is coming in new languages ​​like French and German in April, he said that there is no time for being available in China.

“We continue to work with regulators and as soon as we can,” will release it, “Cook said.

Cook told Reuters that about half of the company’s rebelmers were converted into inventory, out of the 11 percent decline of Apple in China’s revenue.

During the last quarter, Mac sales benefited from a new lineup with a new M4 chip of Mac Minis, IMACS and MacBook professionals. Apple Intelligence features are more widely available on MAC and iPads of Apple because their large size means they have more powerful chips.

Cook said, “Silicon is perfect for AI workload to run, and so I think this is a very important reason for upgrading people.”

Apple’s MAC and iPad sales $ 8.99 billion (about Rs 77,891 crore) and $ 8.09 billion (about Rs 70,094 crore), $ 7.96 billion (about 68,965 crore) and $ 7.32 billion (about 63,414 crore rupees (about 63,4144 crore rupees) respectively (about Rs 63,4144 crore (about Rs 70,094 crore)), $ 7.96 billion Rupees) and $ 8.09 billion (approximately Rs. LSEG data.

Apple said that its services business, including iCloud storage and its streaming music and video services, sales $ 26.34 billion (about Rs 2,28,190 crore), 13.9 percent from the previous year and $ 26.09 billion (about Rs. LSEG According to data, 2,25,985 crores).

“While the company’s cautious approach to the AI ​​rollout has criticized, the increase in strong services and the ecosystem expansion is providing significant speed to help reduce its continuous iPhone conflicts in China,” Emarketer analyst Jacob Born Said.

According to LSEG data, the firm’s wearballs segment, which included Apple Watch and Airpods lines, contained $ 11.75 billion (about Rs 1,01,794 crore) in sales, which is $ 12.01 billion (about Rs 104 crore) The analyst was compared to the expectations.

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