( ) -v-34- UNDATED (Correspondent Jeremy House) “std.” Apple has posted its steepest quarterly decline in iPhone sales since the pandemic’s outset. Correspondent Jeremy House reports. [CutID: <Cuts> APPLE-IPHONE-SALES-house-v-FRIam.mp3 Time: 34s Title: APPLE-IPHONE-SALES-house-v-FRIam Out-cue: std] ————————— VERBATIM: The results reflect a deepening slump that’s increasing the pressure on the trendsetting company to spruce up its […]
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Apple’s quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback news
( ) -v-34- UNDATED (Correspondent Jeremy House) “std.”
Apple has posted its steepest quarterly decline in iPhone sales since the pandemic’s outset. Correspondent Jeremy House reports.
[CutID: <Cuts> APPLE-IPHONE-SALES-house-v-FRIam.mp3
Time: 34s
Title: APPLE-IPHONE-SALES-house-v-FRIam
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VERBATIM: The results reflect a deepening slump that’s increasing the pressure on the trendsetting company to spruce up its products with more artificial intelligence. The 10% drop in year-over-year iPhone sales for the January-to-March period is latest sign of weakness in a product that generates most of Apple’s revenue. It marked the biggest drop in iPhone sales since July-to-September period in 2020. That’s when production bottlenecks caused by factory closures during the pandemic resulted in a delayed release of the new model that year…JH reporting.