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Apple's Q4 revenue reached $94.9 billion, but Chinese sales fell short amid rising competition.
Apple reported Q4 revenue of $94.9 billion, meeting estimates, but faced challenges in the Chinese market, where revenue fell to $15 billion, below the anticipated $15.8 billion.
The company contends with increased local competition and a saturated smartphone market.
While iPhone sales grew, Apple's services revenue reached a record $25 billion but still fell short of expectations.
The company anticipates modest growth for the upcoming December period.
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Los ingresos de Apple en el cuarto trimestre alcanzaron los 94.900 millones de dólares, pero las ventas chinas se quedaron cortas en medio de la creciente competencia.