Apple sets new June quarter revenue record but China woes continue

iPhone maker in talks with Beijing to bring AI features to Chinese users

20240801 N Apple earnings

Apple has faced tougher competition from Chinese smartphone makers like Huawei Technologies and Vivo. © Reuters

YIFAN YU, Nikkei staff writer

PALO ALTO, California -- Apple reported a new revenue record for the April-June quarter on Thursday. But declining sales in China continued as the iPhone giant faced growing competition from such domestic handset makers as Huawei Technologies and Vivo.

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