DeepSeek, a Chinese-made AI chatbot, soared to the top of the Apple Store's download charts, stunning analysts with its ability to match US competitors. | TAG24
Samik Chatterjee, an analyst from J.P. Morgan, maintained the Buy rating on Apple (AAPL – Research Report). The associated price target was
During its first quarter earnings call, Tim Cook again gave special attention to Apple's performance in emerging markets, particularly in India, the second largest smartphone market in the world, and the Middle East.
Apple posts ‘best quarter ever’ despite dip in iPhone, China sales
Apple Comes Up Short in China, IPhone Sales Miss
Good morning. Apple misses big in China. The Big Short traders aren't bearish anymore. And Rome is gearing up for a major facelift. Listen to the day’s top stories.
Apple's sales in Greater China fell below Wall Street estimates
Apple's much-anticipated sales in Greater China fell to $18.5 billion, down 11% from $20.8 billion in the year-ago fiscal first quarter. That was also below Wall Street's estimates. According to FactSet,
Yes, Apple missed big in Greater China, but Evercore ISI analyst Amit Daryanani said the company has "plenty of offsets" to the pressure there. He called out Apple's "ability to manage China headwinds via growth elsewhere,
Apple fell slightly short of investor expectations when it reported its first-quarter earnings today. While sales were up 4 percent overall, the iPhone showed signs of weakness, and sales in the Chinese market slipped by just over 11 percent.
Apple struggles with iPhone sales in China and rising competition. See why AAPL stock may be at risk amid a stagnant market and ongoing DoJ lawsuit.
When it comes to the most incredible retail experience you can find today, Apple stores are undoubtedly going to top many lists. As the most profitable retail experience per square foot, there is no question that Apple stores have helped grow the company into the $3 trillion global electronics behemoth it is today.
The spotlight on DeepSeek comes amid rising tensions over trade, geopolitics and other issues between the two superpowers. The U.S. has already imposed significant export controls on China in an effort to rein in Beijing's production of semiconductors used in developing advanced AI, with the most recent curbs coming in December.
DeepSeek says its AI model is similar to US giants like OpenAI, despite fears of censorship around issues sensitive to Beijing
A Chinese-made artificial intelligence (AI) model called DeepSeek has shot to the top of Apple Store’s downloads, stunning investors and sinking some tech
Chinese startup DeepSeek’s launch of its latest AI models, which it says are on a par or better than industry-leading models in the United States at
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