
Apple Stock Drops Sales Fall Fourth Straight Quarter
Apple beats expectations for Q4 earnings with $1.46 per share on sales of $89.5bn, but sales fall for fourth consecutive quarter.
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Apple beats expectations for Q4 earnings with $1.46 per share on sales of $89.5bn, but sales fall for fourth consecutive quarter.
Apple unveiled its highly anticipated iPhone 15 line-up at an event in California, featuring four new models with upgraded features and improved camera capabilities. The new iPhones come with the Dynamic Island feature previously limited to the iPhone 14 Pro models and boast a Super Retina XDR display with increased brightness. The iPhone 15 also introduces a 48-megapixel main camera, upgraded Portrait and Night modes, and runs on the A16 Bionic chip. Additionally, Apple announced the inclusion of USB-C connectivity and the second-generation Ultra Wideband chip in the iPhone 15 models.
Apple will host its 2023 Apple Event on September 12, unveiling new products including the iPhone 15 series and Apple Watch Series 9. The event will be live-streamed on Apple's website, Apple TV, and YouTube.