Is an Apple Turning Point Near?
iPhone sales may have significantly slowed or even declined in Q2, with AI potentially driving a new wave of device upgrades.
![Is an Apple Turning Point Near?](https://ussnsimg.moomoo.com/sns_client_feed/71565416/20240730/e32f1ac8f522a03cc260aa317acab373.jpg/big?area=100&is_public=true)
Wall Street expects Apple’s Q2 revenue to grow by 3.3% year-over-year. Considering that revenue has declined in five out of the past six quarters, this growth is seen as a positive signal.
Analysts are watching Apple’s progress in AI, with expectations that Q2 might mark the end of declining iPhone sales and that sales could recover as AI drives a new wave of upgrades.
![Is an Apple Turning Point Near?](https://ussnsimg.moomoo.com/sns_client_feed/71565416/20240730/10e592b12345157cfd17c214fa007421.jpg/big?area=100&is_public=true)
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