Apple: New artificial intelligence features will boost hardware sales ahead of holiday season
2024-10-31 21:36:53
Apple aapl earnings display fourth quarter fiscal quarter revenue soliddesk3cryptocurrencydesktopCrypto News
Apple (AAPL. O) reported solid revenue growth in its fiscal fourth quarter. The company is optimistic that new artificial intelligence features will drive hardware sales to grow ahead of the holiday sales season. Fourth-quarter revenue rose 6% year-on-year to $94.90 billion, slightly higher than consensus expectations of $94.40 billion. Q4 net profit was $14.736 billion, compared with $22.956 billion a year earlier, and market expectations were $23.52 billion.
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