Apple shares grow after positive sales outpits of iPhone recovery signals

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Stephen Nellis

(Reuters) -Apple executives on Thursday predict relatively strong sales growth, which the company will recover from immersion in the sale of the iPhone because it introduces artificial intelligence features.

The forecast comes after Apple brought a slight drop in the iPhone revenue for a quarter of shopping for holidays and lagging behind Wall Street estimates, interfered with in some markets of artificial intelligence, which was to be the main point of sale of its latest devices.

Apple CEO Tim Cook said that these features would reach more users in Europe this spring, and the shares increased 3.14% in the trade after the market.

Apple approached AI more cautiously than many of his peers, avoiding a huge consumption of rivals such as Microsoft and instead predicting AI as features that need to help sell their latest hardware.

This approach paid off at the beginning of this week when Chinese Deepseek discovered a free AI technology that caused the fear of wars’ prices, the shares of some Apple competitors sank and sent shares of the iPhone manufacturer.

Despite AI Rollout stumbling, Apple’s total sales and profit were increased by stronger sales than expected in his fiscal first quarter of IPA and MACS, where the new chips helped convince customers to upgrade.

The Chief of Financial Director Kevan Parek was given by Rosier Outlook for the current fiscal second quarter, saying that the company expects that sales will increase in the low-row Single digit range, after a 2.5 percent of 2.5 percent of the 2.5 percent.

“The management of the guidelines that provided the call exceeded the expectations, as the iPhone gets in swing, and Apple goes through a heavy quarter in China,” said Gil Luria, Director General Davidson.

In the end of the quarter only, the sale of the iPhone fell slightly to $ 69.14 billion, compared to $ 71.03 billion that analysts expected, according to LSEG DATA. The sale of larger China fell to $ 18.51 billion, compared to $ 20.82 billion a year earlier and below $ 21.33 billion, which expected an visible alpha research of five analysts.

A total sales of $ 124.30 billion for a fiscal first quarter ended on December 28. Walling the goal of Wall Street in the amount of $ 124.12 billion, according to LSEG, while earnings per share of $ 2.40 comfortably won Consensitive goal of $ 2.35.

The iPhone manufacturer has positioned AI as a set of new opportunities and features such as E -State and Call Calling, but the company over time ejects features and has not yet provided a local partner in China to let them go.

In an interview, the Apple CEO Tim Cook said that the features of AI, called Apple Intelligence, carry out the sale of new company devices.

“We saw that in the markets we introduced to Apple Intelligence, a year by year on the iPhone 16 family was stronger than those where Apple Intelligence was not available,” Cook said.

While Cook said that Apple Intelligence comes in new languages like France and Germany in April, he said he had no timeline when he would become available in China.

“We continue to work with the regulators and we will let it go as soon as possible,” Cook said.

Cook told Reuters that approximately half of Apple’s drop of 11% of revenue in China were attributed to changes in the amount of stock.

Mac sales during the last quarter used to benefit from the new Mac Minis line, IMACS -AI MacBook Pros with a new M4 chip. Apple Intelligence features are widely available on Apple’s Mac and Ipada, because their larger size means that they have more powerful chips.

“Silicon makes it perfect to start a load of loads, so I suppose it’s a very key convincing reason for people to upgrade,” Cook said.

Apple’s sale Mac and iPad reached USD 8.99 billion and US $ 8.09 billion, above estimates of $ 7.96 billion and $ 7.32 billion, according to LSEG data.

Apple said that her services business, which includes ICloud Storage and his streaming music and video services, has reached $ 26.34 billion in sales, which is 13.9% compared to the previous year and more than estimates of 26.09 billion USD, according to LSEG data.

“Although the cautious approach of AI Rollout has attracted criticism, the robust growth of services and expansion of ecosystems is given key momentum to facilitate its continuous struggle for iPhone in China,” said Emarketer analyst Jacob Bourne.

The wearable company, which includes the Apple Watch and the Airpods line, had $ 11.75 billion in sales, compared to analysts of analysts in the amount of $ 12.01 billion, according to LSEG data.

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