) stock closed out the trading day Friday on a slightly positive note, despite posting a year-over-year decline in iPhone sales in its third-quarter earnings on Thursday.
Despite the miss, Apple CFO Luca Maestri told Yahoo Finance's Josh Lipton that the company's sales are generally improving in the region. What's more, Maestri said Apple is seeing record upgrades in the country and that sales were better than in the first half of the year.For the quarter Apple saw earnings per share of $1.40 on revenue of $85.5 billion. Analysts were anticipating EPS of $1.35 and revenue of $84.4 billion, according to estimates compiled by Bloomberg.
Analysts are torn on the potential impact of Apple Intelligence on iPhone sales in the year ahead, with some saying the software will kick off a fresh iPhone sales supercycle and others laying out more bearish expectations for the technology’s effect on Apple’s bottom line. PARIS — Canada's record fell to 3-3 in Olympic women's 3x3 basketball play following a pair of overtime losses to the United States and Spain on Friday.Kamala Harris wins delegate votes needed to be Democrats' presidential nominee
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