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Apple Services Revenue Rises 14% to New Record, iPhone Sales Drop Amid Weakness in China
Apple's services revenue reached a new record for the March 2024 quarter, but iPhone sales dropped amid weak demand in the China region.
Sales in the company’s Greater China region, which includes Hong Kong and Taiwan, declined 8% in the period to $16.4 billion. Wall Street expected the tech giant to post revenue of $90.04 billion and earnings per share of $1.50 for the period, which is its Q2 of fiscal 2024. “During the quarter, we were thrilled to launch Apple Vision Pro and to show the world the potential that spatial computing unlocks.”
Or read this on Variety
