{"id":2919,"date":"2024-05-03T15:07:37","date_gmt":"2024-05-03T15:07:37","guid":{"rendered":"https:\/\/dailywashingtoninsider.com\/index.php\/2024\/05\/03\/apple-reports-biggest-drop-in-iphone-sales-since-early-months-of-pandemic-and-reveals-ai-plans\/"},"modified":"2024-05-03T15:07:37","modified_gmt":"2024-05-03T15:07:37","slug":"apple-reports-biggest-drop-in-iphone-sales-since-early-months-of-pandemic-and-reveals-ai-plans","status":"publish","type":"post","link":"https:\/\/dailywashingtoninsider.com\/index.php\/2024\/05\/03\/apple-reports-biggest-drop-in-iphone-sales-since-early-months-of-pandemic-and-reveals-ai-plans\/","title":{"rendered":"Apple reports biggest drop in iPhone sales since early months of pandemic \u2013 and reveals AI plans"},"content":{"rendered":"<div>\n<p>Tech giant Apple has recorded the biggest drop in iPhone sales since the early months of the COVID pandemic.<\/p>\n<p>Sales for January to March were down 10% on the same period last year &#8211; something not seen since the 2020 iPhone model was delayed due to lockdown factory closures.<\/p>\n<div class=\"sdc-site-outbrain sdc-site-outbrain--AR_6\" aria-hidden=\"true\" data-component-name=\"sdc-site-outbrain\" data-target=\"\" data-widget-mapping=\"\" data-installation-keys=\"\">    <\/div>\n<p>Overall, <strong>Apple<\/strong> earned $90.8bn (\u00a372.4bn) in the latest quarter &#8211; down 4% from a year ago. It was the fifth consecutive three-month period that the company&#8217;s revenue dipped from the previous year.<\/p>\n<p>Apple&#8217;s profit in the past quarter was $23.64bn (\u00a318.85bn) &#8211; a 2% dip from a year ago.<\/p>\n<p>It was good news, however, for the overall value of the company as its share price rose nearly 7% after investors had expected a bigger drop in sales.<\/p>\n<div class=\"ad ad--teads\">        <\/div>\n<p>Meanwhile, Apple chief executive Tim Cook has discussed how the company is set to use artificial intelligence (AI).<\/p>\n<p>While rival Samsung introduced phones that can feature AI, including generative AI chatbots, Apple has yet to announce how it will be embedded into its iPhones.<\/p>\n<p>The next iPhone is expected to feature AI microchips and bigger screens.<\/p>\n<p>Apple<strong> <\/strong>will reveal the newest software when it holds its annual developers&#8217; conference in June.<\/p>\n<p>Generative AI could power phones to write software code, essays or create images based on a prompt by users.<\/p>\n<p>Mr Cook said the company feels &#8220;very bullish about our opportunity in generative AI and we&#8217;re making significant investments&#8221;, adding: &#8220;We&#8217;re looking forward to sharing some very exciting things.&#8221;<\/p>\n<\/p>\n<div>This post appeared first on sky.com<\/div>\n<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tech giant Apple has recorded the biggest drop in iPhone sales since the early months&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2920,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-2919","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-science"],"_links":{"self":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/posts\/2919","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/comments?post=2919"}],"version-history":[{"count":0,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/posts\/2919\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/media\/2920"}],"wp:attachment":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/media?parent=2919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/categories?post=2919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/tags?post=2919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}