Apple anticipates its largest quarterly revenue decline in over a year, impacted by falling iPhone sales and a weakened Chinese market.

Apple is expected to report its largest quarterly revenue decline in over a year, as the tech giant grapples with falling iPhone sales, a weakened Chinese market, and increased competition from Huawei and Samsung. To revive sales, particularly in China, Apple is in talks with OpenAI and Google to add generative AI features to its iPhones, potentially driving demand for the next iPhone series.