Nasdaq 100: Apple Falls 1.6% After Hours as iPhone Sales Miss Raises Concerns
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Apple's stock fell 1.6% after hours as the company missed iPhone sales expectations, despite beating overall earnings. Additionally, Apple's revenue in China dropped by 11%, raising concerns about future performance.
January 30, 2025 | 10:30 pm
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Apple's stock fell 1.6% after hours due to missed iPhone sales expectations, despite beating overall earnings. The 11% drop in China revenue adds to concerns about future performance.
The missed iPhone sales and significant drop in China revenue are critical factors affecting Apple's stock price negatively in the short term. Despite beating earnings, the market is reacting to these specific concerns.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100