Apple Anticipates Biggest Q3 Revenue Decline Since 2016 Due to Sluggish iPhone Sales: Report
Analysts have stated that Apple is expected to announce a decline in iPhone sales during the April-June quarter due to consumer anticipation for a new model in a sluggish economy. Consequently, it is crucial for the company to provide specific information on how it is leveraging artificial intelligence to enhance its growth. The world’s most valuable company closes its Big Tech earnings on Thursday, and Refinitiv says total quarterly revenue is likely to fall 1.6 percent, its steepest drop in third-quarter revenue since 2016. iPhone sales likely fell more than…
Read More