Apple’s quarter -earning earnings report failed to relieve investors’ concerns about its biggest challenges, including increasing tariff costs and slowdown in China.
The company’s shares declined by approximately 2.8 % in the premiece trading on Friday. Apple released the second quarter results, which included worse sales in China. The iPhone maker also warned in Thursday that the increase in revenue during this quarter will increase costs, a sign that the geographical political tension is taking the growing number of the world’s most valuable business.
Apple expects Million in higher prices 900 million (about Rs. 7,603 crore) In the present era, Tim Cook, Chief Executive Officer, said during a conference call. Freight Will grow Compared to the average analyst’s estimates, according to one percent in the lower and less mid -single digits in the quarter. The company did not provide any guidance on the impact of excessive revenue over the current period.
“The way we always keep the company, we will think and deliberately manage decisions, which will focus on investment for a long time,” Cook said during the call.
Meanwhile, China fell 2.3 % to $ 16 billion (about Rs 1,35,165 crore) in the second quarter ended March 29. Analysts predicted $ 16.83 billion (about Rs 1,42,164 crore). This reduction is a scandalous symbol for which the growth market was ever.
Apple has banned foreign -made technology from local phone brands, such as Huawei, Xiaomi and OPPO, and the government there. Apple’s China -focused production also poses a risk of prices announced by the Trump administration, especially by the Trump administration.
The company is also struggling in AI, especially in China, where its Apple intelligence platform is not yet available. And this brand is seen rapidly behind the time by Chinese users, where rivals have developed foldable devices.
Apple is preparing to launch its AI services in China in the coming months – depending on partner Alibaba Group Holding Limited and Bedo Inc. – and a foldable iPhone is coming next year.
As part of the quarterly report, the company announced plans to increase its share -backed program by $ 100 billion (about Rs 8,44,670 crore) and increase the quarter’s profit by four percent to 26 cents one shares. By Thursday, Apple’s shares declined by 15 %.
The overall sale in the last quarter increased by five percent to $ 95.4 billion (about Rs 8,05,821 crore), an average of 94.6 billion (about 140 rupees). Apple growth in mid -single -digit percentage. In the second quarter, a share came to $ 1.65, compared to an average of $ 1.62 (about Rs 135 135).
Apple sold iPhones worth $ 46.8 billion (about Rs 3,95,379 crore) in the period, which is estimated at $ 45.9 billion (about Rs 3,87,804 crore). Nevertheless, it is less than $ 46 billion (about Rs 3,88,355 crore) in the early quarter of the year less than two percent and has been compared to $ 51.3 billion (about Rs 4,33,391 crore) in the same period two years ago.
The latest flagship iPhones are not clearly different from the previous models and mostly offer the features of AI like the iPhone 15 Pro since 2023. This is the less reason for users to upgrade.
The company launched the iPhone 16 E during the quarter, which was replaced by $ 429 (about Rs 36 36,240) at the end of its lower end. The phone is higher than the offers of 9 599 (about 50.604 rupees). Later this year, the company is planning more important in the iPhone upgrade, including a skiper design. Cook praised the company’s hometown of C1 modem chip, which is part of 16E, saying that the new component is the beginning of “travel”.
The company is facing many challenges – beyond prices. apple Changed the management of AI In recent weeks, and it is under increasing regulatory pressure in the European Union and its home country. On Wednesday, a federal judge demanded that the company open its app store on third -party payment options and refrain from charging commissions on outside purchases.
Services, including App Store and Apple TV+, increased by 12 % in the last quarter to $ 26.7 billion (about Rs 2,25,568 crore). However, in some areas, this business is at risk. This week’s App Store decision is designed to damage the platform’s income. And the US government is trying to break Apple’s profitable search agreement with Alfbit Inc.’s Google.
The company did not provide guidance on the increase in future services due to “uncertainty”.
MacDivision, who Launched During the quarter, the new MacBook Air and Mac Studio models generated $ 7.95 billion (about Rs 67 67,151 crore). It defeated an estimated $ 7.8 billion estate.
The iPad sales were sold at $ 6.4 billion (about Rs 54.051 crore), at the top of the estimates of about $ 6.1 billion (about Rs 51.518 crore). In March, the company Rolled A freshly low -end member with high -speed M3 processors as well as iPad Air Model. Bloomberg News, this year, plans to introduce a new iPad Pro with M5 chip Have been reported.
Wearing company clothing, home and accessories category, which is struggling in recent circles, created $ 7.52 billion (about Rs 63,510 crore) in sales. Its average estimate lost $ 8.05 billion (about Rs 67,67,980 crore).
Tackles are one of the biggest question marks. Although Apple is likely to impose 145 % of China, which the administration actually proposed, new prices on electronics are still coming. The crisis is at risk of speeding up the company’s supply chain and potentially forcing prices.
Cook said during the call that he had nothing to announce about the price hike.
Already, Apple wants to create more US -affiliated iPhones in India instead of China. Cook said that the country is now meeting half of us. He said that most of the production of Apple watches, air pods, iPads and Max sold in the United States will be made in Vietnam, which has a lower tariff level than China.
Highlighting the tariff concern, Apple cited “trade and other international conflicts” in its quarterly report list of risks and uncertainty. This is something that is usually mentioned in its annual filing.
But California -based Capetino received a promotion from tariff risks in the current quarter: consumers Flood Apple Retail Stores Prices are rising to buy new iPhones and other products for this fear.
The sale will appear in the June quarter. Cook said the rates did not create additional demands in the March quarter, and he did not believe in the exact impact in the present era.
Apple’s CEO surpassed questions about bringing extra manufacturing to the United States. But he said the company will use tens of millions of US -made device processors this year.
Cook also defended the company’s AI strategy. They were asked about the delay in a new version of the Sri Voice Assistant and said that the company needs more time to work on features to meet Apple’s “high quality bar”.
“We are developing,” he said. “And we look forward to bringing these features into the hands of consumers.”
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(This story has not been edited by the NDTV staff and has been made auto from the Syndicate Fed.)
