Apple: record results but struggles to innovate

Apple: record results but struggles to innovate
Apple: record results but struggles to innovate

Apple has just reported record quarterly results but warns that its profitability may suffer in the future as it struggles to innovate in terms of products and relies too much on iPhone sales.

Remember that the Vision Pro headset did not achieve the expected success and that Apple’s autonomous vehicle project was aborted this year.

During its fourth fiscal quarter, the Cupertino company generated $94.9 billion in revenue (+6%), including $46.2 billion linked to the iPhone. The share of iPhones therefore represents almost half of its turnover.

We note that Apple is earning more and more money with its services (+11.9%). Sales of the App Store, Apple , Apple +, AppleCare, Apple Pay and iCloud bring in more than sales of Macs, iPads, Apple Watches, AirPods and other accessories.

Furthermore, even if the Apple brand is involved in artificial intelligence, with the development ofApple Intelligenceit recalled in its annual report to the SEC that “ the introduction of new and complex technologies, such as artificial intelligence features, may increase risks, including by exposing users to harmful, inaccurate or negative content and experiences”.

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