Apple just provided its first glimpse at how iPhone 17 sales are going
Update: 2025-10-30
Description
Apple's Q4 earnings report reveals a mixed bag for the tech giant. While overall revenue met expectations at $122.5 billion, iPhone sales fell slightly short at $49 billion. The iPhone 17 and 17 Pro Max led the charge, outselling last year's models by 14% in their first ten days. However, the iPhone Air failed to generate the same excitement. Looking ahead, Apple's CEO, Tim Cook, predicts a record-breaking December quarter, with growth expected in China and AI-powered apps. Despite tariff-related costs and AI concerns, Apple's stock surged 3% after hours, reaching a $4 trillion market cap.
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