Apple Growth Decelerates, China Sales Miss
Shownotes
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Apple posted decelerating sales growth in its September quarter, with China revenue missing estimates, in its first earnings report since John Ternus took over as CEO. The growth marks a slowdown from a 16% increase in the June quarter. Elswhere, Anthropic disclosed a twelve-fold increase in quarterly revenue while also revealing it intends to spend over $895 billion in the coming years, and Marvell agreed to buy Lumentum in an historic $115 billion deal.
On today's episode:
- Anurag Rana, Bloomberg Intelligence Senior Tech Analyst *POST APPLE EARNINGS.
- Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech *POST APPLE EARNINGS.
- Seth Fiegerman, Bloomberg News AI Editor .
- Ryan Gould, Bloomberg News Deals Reporter .
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