Apple’s shares surge despite the largest China sales drop in one year
Forrás:
Euronews.com
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Apple's fiscal Q1 2025 earnings report shows a decline in sales in China by 11%, but overall sales rose by 4% to a record $124.30 billion. Despite a 4.56% stock decline this year, shares jumped over 3% in after-hours trading due to optimism about growth in Apple Intelligence. The company reported record profits and an increase in active devices, although iPhone sales fell slightly. Services revenue grew by 14%, while competition in China from local brands impacted sales. Teljes cikk (Euronews.com)