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.

  • Jrockwar@feddit.uk
    link
    fedilink
    English
    arrow-up
    6
    arrow-down
    2
    ·
    edit-2
    9 hours ago

    So the lack of apple-branded AI Slop is slowing down the sales for iPhones but not for Macs?

    Edit for clarity: I’m aware sequoia “has” apple intelligence but in a borderline featureless state, so it’s as good (or as bad) as not having anything.