💨 Abstract

Apple's AI-enhanced iPhone sales surpassed Wall Street expectations, but a modest revenue forecast for the holiday season raised concerns. A decline in China sales during the fourth quarter also alarmed some investors, causing a 1.4% drop in shares. Apple expects "low to mid single-digit" revenue growth in the first quarter. While iPhone sales increased, other product lines missed estimates.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖