Apple reports best-ever earnings

Apple reported record holiday quarter earnings of $124.3 billion, up 4% year-over-year, with growth in Mac, iPad and services. However, iPhone revenue saw a slight dip, raising questions about Apple Intelligence’s impact on sales. CEO Tim Cook noted stronger iPhone 16 performance in markets where AI features were available. Apple Intelligence will expand to more languages in April. Wearables revenue also declined slightly.

Source: The Verge

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