iPhone manufacturer: Apple's growth is slowing down

Tagesschau (ARD)State / PublicCenterNov 3

Apple reported record revenue and strong iPhone sales for the third quarter under new CEO John Ternus, exceeding analyst expectations by approximately $1 billion. The surge was driven by high demand for the iPhone 18 Pro models and price increases implemented to offset rising costs for storage chips. Although the stock price declined despite these financial results, Ternus emphasized the company's strategy of positioning the iPhone as a central hub for AI applications while prioritizing privacy over competitors' more advanced technological capabilities. The report notes that supply constraints persist for the newly launched foldable iPhone Duo, which has just begun official sales and is therefore not yet reflected in the quarterly figures.

Bias read (Center): The article presents standard corporate earnings data and quotes balanced perspectives from both management and external analysts regarding market dynamics and competitive positioning.

Frankfurter Allgemeine (FAZ)Independent🔒CenterNov 2

Apple reported earnings for the quarter ending September 26, marking the first results under new CEO John Ternus. While total revenue rose by 12 percent to $114.5 billion, slightly exceeding analyst expectations, the growth rate slowed compared to the previous quarter's 16 percent increase. CFO Kevan Parekh forecasted further deceleration for the next quarter, citing unprecedented shortages of memory chips driven by high demand for artificial intelligence infrastructure. These supply chain constraints have forced Apple to raise prices for Macs, iPads, and the latest iPhone models. Despite the slowing growth outlook causing shares to drop nearly four percent after hours, Apple recently overtook Nvidia to become the world's most valuable company with a market capitalization of approximately five trillion dollars.

Bias read (Center): The article presents standard financial reporting with neutral language, balancing positive revenue figures against negative growth forecasts and stock price reactions without editorializing.