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Nasdaq 100: Apple Falls 1.6% After Hours as iPhone Sales Miss Raises Concerns

30/01/2025

in NDAQ

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Apple Beats on Earnings but Misses iPhone Sales Expectations, China Weakness Weighs

Apple reported mixed first-quarter results, topping earnings and revenue estimates but falling short on iPhone sales and seeing a steep decline in China revenue. While overall sales rose 4%, weaker-than-expected demand for Apple’s flagship product and a double-digit drop in Greater China sales pressured investor sentiment.

Source: https://www.fxempire.com/news/article/nasdaq-100-apple-falls-1-6-after-hours-as-iphone-sales-miss-raises-concerns-1494343

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