CEO Tim Cook says iPhones sell better in countries with Apple Intelligence.

AI Summary:

Apple’s first-quarter earnings report revealed a mixed performance. While overall sales increased by 4%, iPhone sales showed weakness, particularly in China, where they declined by over 11%. CEO Tim Cook attributed this partly to the lack of Apple Intelligence in China and inventory changes. However, the Mac, iPad, and Services categories saw significant growth, with Services up 14% and both the Mac and iPad up 15%. The company reported $36.33 billion in net revenue, a 7.1% increase from the previous year.

  • @vanderbiltEnglish
    8•9 hours ago

    I’d attribute this growth to the looming deprecation of Windows 10. With the decision to move to Windows 11, many orgs are replacing them with Macs. On the consumer side, the M4 is seen as worthy upgrade for those already on the earlier M chips.

    • @ChapulinColoradoEnglish
      2•7 hours ago

      I have not heard of any orgs replacing windows with Mac. This is for consulting and IT. To my knowledge, it is still something only available to execs and higher management. What sector was this for?