Apple’s AI-Powered iPhones Drive Earnings Above Expectations, but Future Outlook Disappoints Investors
Apple’s latest AI-enabled iPhones helped the company surpass Wall Street’s earnings expectations for the fourth quarter of 2024, though a conservative forecast for the next quarter led to a drop in Apple’s share price. On October 31, Apple reported revenue of $94.9 billion for the quarter, a 6.1% increase from the previous year and […]
