Apple’s revenue for the first 3 months of the year shows an ineffective business quarter, in contrast to the achievements of other large technology companies such as Amazon, Microsoft…
Apple just announced its first quarter 2024 business results on the morning of May 3, right before the new iPad launch event. These numbers paint a rather gloomy picture of Apple, according to The Verge.
Specifically, the first quarter 2024 earnings report showed that the company’s sales decreased by 4%, to 90.8 billion USD in the first 3 months of 2024. Revenue from iPhone, iPad and wearable devices like Apple Watch decreased year over year, while software and services sales increased. Profits fell 2% to $23.64 billion, marking Apple’s first quarterly decline in a year.
In particular, iPad revenue has decreased significantly (17% compared to the same period last year). At the same time, iPhone sales also declined (down 10%), while the company’s services business remained a prominent name with a 14% increase compared to the previous quarter.
According to the New York Times, Apple’s most worrying challenge lies in China, the world’s second largest smartphone market. This is where the company’s sales recorded an 8% decline.
– Vietnam is about to participate in an exhibition on defense industry in Malaysia
From May 6 to 9, Viettel will represent Vietnam to attend the Asian Defense Conference and the 2024 Asian National Security Conference taking place in Malaysia.
Accordingly, Viettel High Technology Industry Corporation (Viettel High Tech – VHT) under the Military Industry and Telecommunications Group (Viettel) will represent Vietnam to attend the Asian Defense Conference and the Security Conference. Asia National Security 2024 in Malaysia from May 6 – 9.
The Asian Defense Conference and the 2024 Asian National Security Conference are among the Top 5 largest defense and security exhibitions in the world. This is one of the potential defense industry markets that Viettel is targeting.
This year’s event has the participation of more than 1,200 businesses from 60 countries, nearly 400 delegations from 45 countries, and is expected to attract more than 50,000 visitors. Viettel attended the exhibition as Vietnam’s national booth, present with many national booths around the world in an exhibition space of 45,000 m2. Many of the world’s leading companies in the defense sector such as: BAE Systems, Raytheon, SAAB, Thales… regularly participate in the event, along with leading Malaysian companies such as: Boustead, DEFTECH, Sapura.
Attending the exhibition, Viettel High-Tech Industry Corporation not only introduced advanced military product systems but also displayed component modules, reflecting research capacity, mastering core technology and design. each product component.
– iPhone 15 is ‘less successful’ than its predecessor
The iPhone 15 series had a pretty impressive “introduction”, but after a few weeks, actual demand has declined and sales so far are not as good as the iPhone 14 series.
The set of 4 iPhone 15, 15 Plus, 15 Pro and 15 Pro Max began selling in priority markets from September 2023 and recorded an impressive start on store shelves, playing an important role in the first time. Apple is crowned king of the world’s mobile industry.
But just a few weeks later, the iPhone 15 series began to see demand decline and lose growth momentum. This situation lasts into the first quarter of 2024, creating an opportunity for Samsung to regain its position as the number one smartphone manufacturer globally.
As usual, when sales in billion-dollar markets like China or India are less than brilliant, Apple can always be confident in its home country, where Samsung has not yet been able to threaten the iPhone’s dominance here. But the iPhone 15 series was not successful in the US when sales were surpassed by its predecessor. Currently, the iPhone 14 series is still the more popular Apple phone line among users here.
