Apple warns investors its new products might never be as profitable as the iPhone
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Apple has warned investors that its new and future products may not reach the profitability levels of the iPhone. This comes as the company explores new technologies such as artificial intelligence and mixed reality headsets.
November 06, 2024 | 12:00 am
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Apple has cautioned investors that its new and future products might not achieve the same profitability as the iPhone, as the company invests in AI and mixed reality technologies.
Apple's statement suggests potential challenges in achieving high profitability with new products compared to the iPhone. This could lead to investor concerns about future earnings, impacting short-term stock prices negatively.
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