Apple added a new “risk factor” to its annual report that could affect revenue and profitability. According to the company, future devices based on artificial intelligence (AI) and virtual reality may not be as profitable as the iPhone because they have not yet been tested.
Author:
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According to the Financial Times, Apple constantly warns investors about problems that could negatively affect profitability. Among those risks, the corporation cited problems with supply chains and currency fluctuations.
The publication believes that Apple has never before been so direct in evaluating its plans. The warning comes amid investments in artificial intelligence and the new Vision Pro headphones.
Apple also added new warnings about the potential impact of “geopolitical tensions” in the new document.
The iPhone maker previously reported revenue growth of 6% to $95 billion for the quarter ended September 28 and a record gross margin of 46.2%.
Author:
Ekaterina Strukova
Source: RB

I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.