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Apple Faces Sales Decline Amid iPhone 17 Challenges

1/10/2025

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Story summary
  • Apple anticipates a challenging 2025, with iPhone shipments projected to fall 8-10% below expectations.
  • Sales in China are declining, despite a stable overall market.
  • The iPhone 17 Air may outperform its predecessor, but high prices and downgraded components limit sales growth.
  • Estimated iPhone sales are 220 million in 2024 and 220-225 million in 2025, below the anticipated 240 million.
  • Interest in Apple Intelligence is waning compared to cloud-based AI services.