Apple’s earnings shine, but supply gaps and AI ties weigh on the stock
TL;DR Summary
Apple posted $143.8 billion in revenue and strong iPhone 17 demand, beating estimates, but shares fell as investors weigh supply-chain bottlenecks and potential margin pressure from memory costs, while analysts debate the strategic value and privacy implications of Apple’s Google Gemini AI partnership.
- Why Apple’s blockbuster earnings weren’t enough to lift the stock MarketWatch
- Apple tops Q1 earnings estimates on record-breaking iPhone sales; stock falls after Cook's memory warning Yahoo Finance
- Apple sales surge 16% on ‘staggering’ iPhone demand CNBC
- The iPhone 17 is easing Wall Street’s concerns about Apple’s AI troubles CNN
- Apple reports best-ever iPhone sales as Mac dips BBC
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