Apple profit tops Wall Street target but iPhone sales weak in China <br /><br />Apple beat Wall Street's quarterly profit estimates on Jan. 30, 2025, but iPhone sales and China revenue for the holiday quarter were weak due to stiff Chinese competition and a slow rollout of artificial intelligence features. The company's overall sales and profits were boosted by stronger-than-expected sales of iPads and Macs, where new chips helped persuade customers to upgrade. The lack of AI selling points contributed to iPhone sales that dropped slightly to $69.14 billion, compared with the $71.03 billion that analysts were expecting, according to LSEG data. Greater China sales dropped to $18.51 billion, compared with $20.82 billion a year earlier and below the $21.33 billion that a Visible Alpha survey of five analysts expected. <br /><br />APPLE/REUTERS <br /><br />Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe <br /> <br />Visit our website at https://www.manilatimes.net <br /> <br />Follow us: <br />Facebook - https://tmt.ph/facebook <br />Instagram - https://tmt.ph/instagram <br />Twitter - https://tmt.ph/twitter <br />DailyMotion - https://tmt.ph/dailymotion <br /> <br />Subscribe to our Digital Edition - https://tmt.ph/digital <br /> <br />Check out our Podcasts: <br />Spotify - https://tmt.ph/spotify <br />Apple Podcasts - https://tmt.ph/applepodcasts <br />Amazon Music - https://tmt.ph/amazonmusic <br />Deezer: https://tmt.ph/deezer <br />Tune In: https://tmt.ph/tunein <br /> <br />#TheManilaTimes <br />#tmtnews <br />#apple <br />#iphone
