Friday 17th May 2024

    TradeBriefs Editorial

    From the Editor's Desk

    Apple Anticipates iPhone Sales Drop Before AI Gets Into New Models

    Apple's plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will be in focus on Thursday, when the tech giant is expected to report its biggest quarterly revenue decline in more than a year.

    Long considered a must-own stock on Wall Street, Apple shares have underperformed other Big Tech companies in recent months, falling more than 10 percent year-to-date as fears mount about its slow rollout of AI services and as a resurgent Huawei takes market share in China.


    Continued here


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