💨 Abstract

Apple's Q1 sales surpassed expectations, boosted by stronger-than-expected Mac and iPad sales. The company forecasts a low- to mid-single digit increase for Q2, indicating a potential recovery in iPhone sales as AI features are rolled out. However, Q1 iPhone sales were slightly lower due to weak sales in China, attributed to stiff competition, slow AI rollout, and macroeconomic weakness.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖