Apple's iPhone sales bounce back from recent slump amid AI expansion, but stock still dips

Apple's iPhone sales bounce back from recent slump amid AI expansion, but stock still dips

yesterday
Anonymous $Uu1e96lHBL

https://apnews.com/article/apple-iphone-quarterly-results-artificial-intelligence-377452ea3345de2981ea75f62b7cc840

SAN FRANCISCO (AP) — Apple snapped out of a recent iPhone sales slump during its summertime quarter, an early sign that its recent efforts to revive demand for its marquee product with an infusion of artificial intelligence are paying off.

Sales of the iPhone totaled $46.22 billion for the July-September period, a 6% increase from the same time last year, according to Apple’s fiscal fourth-quarter report released Thursday. That improvement reversed two consecutive year-over-year declines in the iPhone’s quarterly sales.