Apple Said to Plan Some Hiring Reductions Amid iPhone Woes

Apple Said to Plan Some Hiring Reductions Amid iPhone Woes

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Business

University

Hard

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Apple is reducing new hires following iPhone sales issues, as announced by Tim Cook. While AI divisions remain unaffected, other areas like software engineering may see changes. New offices in Texas and California will continue as planned. External factors, such as China's economic stimulus, are influencing Apple's strategy. Upcoming earnings are expected to align with forecasts, providing further clarity on Apple's financial outlook.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the external economic environment, particularly in China, affect Apple's business outlook?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected revenue figures for Apple as mentioned by Tim Cook?

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