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Dan Niles Posts On X "Expectations for $AAPL were for AI features to be able to drive ~10%+ y/y growth in iPhone sales. If accurate, very early indications are that sales are down ~10%...." "The staggered rollout of the AI feature across geographies, especially in China which will get it in 2025, may be part of the reason that very early indications of demand are less than expected as well. Also, promotion of the new phones by the US wireless carriers is not much different than last year."

Author: Benzinga Newsdesk | September 17, 2024 09:21am

Posted In: AAPL