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Apple's Resilience Amid Sales Shift
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Overview
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Apple experiences a decline in iPhone sales for the second quarter, with revenues falling but beating expectations. The company focuses on services revenue growth and announces a record $110 billion stock buyback. Despite challenges in China, Apple remains resilient, with upcoming product launches and regulatory pressures to navigate.
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How might competition in the chip sector, particularly with Microsoft, influence Apple's future product development and market positioning?
How will Apple's focus on services revenue impact its overall business strategy?
What steps is Apple taking to address regulatory pressures, especially related to its App Store business model?
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