


Apple’s revenue weighed down by falling China sales https://t.co/0XOhY6pqk1 via @ft
Apple's revenue in Greater China was down 8%. Two other segments (Japan and Rest of Asia Pacific) saw weaker performance. Apple's overall revenue was down 4%. The Mark Twain quote "The report of my death was an exaggeration" comes to mind when thinking of iPhone in China.
Apple rises after earnings show a sales decline less severe than anticipated https://t.co/bBstU6whs7 https://t.co/LmgxS26Ist

Apple's recent financial performance indicates a less severe decline in sales than anticipated, primarily influenced by the market in China. Despite a general downturn, with overall revenue falling by 4% and a specific 8% decrease in Greater China, the company's results surpassed expectations. This has led to a rise in Apple's stock as investors respond positively to the news. The sales in other regions like Japan and the Rest of Asia Pacific also experienced declines, contributing to the overall revenue drop.