
Apple delivers strong quarter despite iPhone sales slowdown and ongoing artificial technology issues
Apple’s iPhone sales growth decelerated during its summertime quarter, but the company still delivered financial results that exceeded analyst projections while the trendsetting company continued to catch up to its Big Tech peers in the artificial intelligence race. The performance announced Thursday were driven largely by strong initial demand for the premium models of the iPhone 17 lineup that went on sale last month. Although iPhone sales rose by 6% from the same July-September period last year, the growth was slightly below analyst estimates and less than the pace from the prior quarter. But Apple’s profit and revenue still topped analyst forecasts and its stock surged 4% in extended trading.
 
				




