Apple blamed a surprise decline in China revenue on supply disruptions, predicting it will return to growth in the world’s biggest smartphone arena as the iPhone 17 gains momentum. Revenue dipped nearly 4 per cent to $14.5 billion (€12.5 bilion) in the three months through September, the company said Thursday. Even so, Apple’s upgraded and redesigned iPhone 17 products are drawing consumers back to stores, and the novel iPhone 17 Air may add another boost to interest this quarter. The strong results from AWS, the world’s largest cloud provider, followed stellar cloud revenue growth reported on Wednesday by Microsoft’s Azure and Google Cloud, the number two and number three players in the industry, respectively. The unit reported revenue growth of 17.5 per cent in the second quarter.
