Apple is likely to report a dip in iPhone sales in the AprilJune quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said. News 

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…

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Product Apple iPhone 12 Red (Apple) News 

After processors, Apple makes its own modem for iPhones; May drop Qualcomm in future

Apple has made huge strides in the chipset and processor market. Although it was already using some of its processors in iPhones and MacBooks, it made a big leap this year by introducing the M1 chipset for Mac. And now the company is planning to make its own iPhone modem chips. The news comes from a Bloomberg report that said Apple’s head of chipset and processor segment has confirmed internally that a second chip transition is also underway and is in its early stages at the moment. This will concern…

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