Apple executives predicted Thursday that sales growth was relatively strong and the company would recover in iPhone sales as it rolled out artificial intelligence capabilities.
The forecast comes after Apple’s slightly decline in iPhone revenue for the holiday shopping quarter and lagged Wall Street estimates, hampered by the lack of some AI markets
(AI) features are designed to be the main selling point of its latest devices.
Apple CEO Tim Cook said the features will attract more users this spring, while stock aftermarket trading rose 3.14%.
Apple has more cautiously connected to AI than many of its peers, avoiding huge data center spending from competitors like Microsoft, and instead envision AI as features designed to help sell its latest hardware.
Earlier this week, the approach launched free AI technology in China’s DeepSeek, which sparked concerns about a price war, which is stocks of some Apple competitors and has lowered the iPhone Maker stock slightly.
Despite the AI launch, Apple’s overall sales and profits are subject to strong growth in sales on its iPad and Mac, where new chips help convince customers to upgrade.
Chief Financial Officer Kevan Parekh presents a more interesting outlook for the current Q2, with the company expecting a low to the middle digit range after negative 2.5 percentage points Sales will increase in the low to mid-digit range.
“As iPhones grow and Apple’s tough quarter in China, the guidance provided on the call exceeded expectations,” said Gil Luria, managing director at Da Davidson.
According to LSEG data, analyst sales fell slightly to $69.14 billion (approximately Rs 599,024 crore), while analysts expect analysts to $71.03 billion (approximately Rs 615.29 crore). China’s higher sales fell to $18.51 billion (approximately Rs 160,367 crore), compared with $20.82 billion (approximately Rs 180,381 crore) a year ago, down from $21.33 billion (approximately Rs 1,33 billion (approximately Rs 1,330,381 crore) a year ago. 84,793 crore) an alpha survey of five analysts’ expectations.
Total sales for the first quarter ended December 28 inch was $124.3 billion (approximately Rs 10,76,978 crore), passing Wall Street’s $124.12 billion target (approximately Rs 10,753,200 crore), and LSEG’s revenue is $2.40 comfortably exceeding the consensus target of $2.35 (approximately Rs 203)
iPhone manufacturers position AI as a new set of features and features, such as drafting emails and transcribing phone calls, but the company is rolling out features over time and has not yet obtained local partners in China to release them.
Apple CEO Tim Cook said in an interview that AI features, known as Apple Intelligence, are driving sales of the company’s new devices.
“We’ve seen that in the market where we launch Apple Intelligence, the iPhone 16 family has a better year-on-year performance than the market without Apple’s intelligence,” Cook said.
Cook said Apple intelligence is emerging in new languages such as French and German in April, but he said there is no timetable when it will be available in China.
“We will continue to work with regulators and release it as soon as possible,” Cook said.
Cook told Reuters that about half of Apple’s 11% decline in China’s revenue was attributed to changes in the amount of inventory held by company dealers.
MAC sales last quarter benefited from new products from the new Mac Minis, iMac and MacBook Pros, with new M4 chips. Apple Intelligence features are more widely available on Apple’s Macs and iPads, as their larger size means they have a more powerful chip.
“Silicon is great for running AI workloads, so I think it’s a very compelling reason for people to upgrade,” Cook said.
Apple’s Mac and iPad sales reached US$8.99 billion (about Rs 77,891 crore) and US$8.09 billion (about Rs 70,094 crore), respectively, higher than the estimated US$7.96 billion (about $68,965) crore) and 7.32 billion US dollars (approximately 7.32 billion US dollars) according to LSEG data.
Apple said its services business, including iCloud storage and its streaming music and video services, reached $26.34 billion (approximately Rs 228.19 billion), an estimated $26.09 billion (approximate Rs 26.09 billion) over the previous year and above. , up 13.9%. According to LSEG data, it is 2,259.85 million).
“While the company’s cautious approach to AI promotion has drawn criticism, strong service growth and ecosystem expansion are providing critical momentum to help ease its in China, eMarketer analyst Jacob Bourne said: “While the company’s cautious approach to AI promotion has attracted criticism, strong service growth and ecosystem expansion are providing critical momentum to help ease its in China. The ongoing iPhone struggles.”
According to LSEG data, the company’s wearables segment, including the Apple Watch and AirPods series, sold $11.75 billion (approximately Rs 1,01,794 crore), while analysts’ expectations are $12.01 billion (approximately 1,004) crore rupees).
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