Apple’s Q1 Earnings Exceed Estimates Despite 13% Sales Dip in China; iPhone 15 Boosts Revenue
Apple released its fiscal first-quarter earnings on Thursday, surpassing revenue and earnings estimates. However, the company experienced a 13% drop in sales in China, a crucial market for Apple. Following the disclosure of details about the outlook for the current quarter, Apple shares declined over 4% in extended trading, signaling potential weaknesses in iPhone sales….