Apple earnings: What investors should know about recent revenues, profits
Briefly

In the recently held Q3 earnings call, Tim Cook emphasized the company's exciting future with Apple Intelligence, which is anticipated to roll out in 2024 and 2025.
Despite a 10% year-over-year decline in iPhone sales, Apple's services division showed strong growth, underscoring the company's continuing diversification and adaptation to market needs.
The financial performance in Q3 was robust, with Apple generating $85.8 billion in revenue, surpassing estimates and reflecting the company's strong service offerings and product sales.
Cook expressed optimism toward AI developments, suggesting that Apple Intelligence will play a pivotal role in shaping the company's future technology landscape.
Read at Business Insider
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