Apple anounced at its earnings call that the iPad revenue will cintinue to derease in the next quarter as it failed to announce new iPads.
Apple was rumored to announce new iPad models this year, but the company saw fit to launch its new M3 MacBook Pro models instead. It was initially expected from Apple that new iPad mini 7, iPad Air 6, and iPad 11 will be released with upgraded internals in the last quarter of this year. However, recent reports have suggested that the company will unveil the iPads mentioned above next year, potentially in the springtime. This will ultimately and automatically decrease Apple’s iPad revenue in the next quarter, and Apple has acknowledged the situation.Apple expects iPad revenue to « decelerate significantly » in the next quarter due to supply and macroeconomic constraints
At its earnings call, Apple announced its Q4 2024 fiscal earnings with revenue of $89.
