After suffering an upset loss on the road to the unranked Iowa Hawkeyes, the USC Trojans women’s basketball team is now ranked No. 7, down from No. 4.
The biggest movers of the poll were USC and Michigan State. The Spartans moved down four spots to No. 20. Other teams like No. 14 North Carolina State, No. 17 Georgia Tech, No. 18 West Virginia, and No. 22 Florida State all moved up three spots in the latest rankings, released on Monday.
USC Trojans guard JuJu Watkins (12) looks down court Wednesday, Jan. 22, 2025, during the NCAA women’s basketball game against the Purdue Boilermakers at Mackey Arena in West Lafayette, Ind. USC Trojans won 79-37. / Alex Martin/Journal and Courier / USA TODAY NETWORK via Imagn Images
The loss to Iowa was USC’s second loss of the season, keeping them near the top of the rankings. It was a rowdy environment in Iowa as the Hawkeyes were also celebrating the jersey retirement of Iowa legend and women’s basketball star Caitlin Clark.
“I’m really impressed with the atmosphere here, the love for women’s basketball, the appreciation for what Caitlin’s done, and coach [Lisa] Bluder,” said USC coach Lindsay Gottlieb after the loss to Iowa.
Clark was in attendance among the sold-out crowd that saw Iowa beat USC and star guard JuJu Watkins. Despite the loss, USC remains one of the top teams in the country and is expected to receive a high seed in the NCAA Tournament in March.
The current top four teams in the AP Top-25 Poll consist of No. 1 UCLA, No. 2 South Carolina, No. 3 Notre Dame and No. 4 Texas.
The Longhorns, No. 5 LSU, and No. 6 UConn all moved up a spot, ahead of USC after the upset loss to Iowa.
Behind the Trojans is No. 8 Ohio State, and USC will have a chance to prove themselves against the Buckeyes on Saturday, Feb. 8. Before facing Ohio State at home, USC has a road game against the Wisconsin Badgers on Wednesday, Feb. 5.
Before losing to the Hawkeyes, the Trojans had only lost to Notre Dame and had one the most impressive resumes in the country. USC has yet to play their cross town rival, the UCLA Bruins, giving the Trojans two chances to knock off the highest-ranked team in the country.
First, USC will host UCLA in the Galen Center on Feb. 13 before the Trojans go on the road and play the Bruins in the regular season finale.
Here is the full AP-Top 25 Women’s Basketball Poll:
In a shocking turn of events, the USC Trojans were handed a stunning defeat by the Iowa Hawkeyes in a nail-biting game. The Trojans, who were favored to win, were unable to overcome the determined Hawkeyes, who played with tenacity and skill.
The Trojans’ offense struggled to find their rhythm against the Hawkeyes’ strong defense, and their usually reliable defense faltered in the face of Iowa’s relentless attack. Despite a valiant effort, the Trojans were unable to mount a comeback and fell to the Hawkeyes in a heartbreaking loss.
This upset serves as a reminder that in college football, anything can happen on any given day. The Trojans will need to regroup and refocus in order to bounce back from this defeat and continue their pursuit of a successful season. Meanwhile, the Hawkeyes have proven themselves to be a force to be reckoned with, and will surely be a team to watch as the season progresses.
Indian benchmark indices ended in the red on Monday, with heavyweights Reliance Industries and Larsen & Toubro leading declines on the benchmarks, mirroring losses in regional markets after U.S. President Donald Trump’s sweeping tariffs on Canada, Mexico, and China fueled fears of an escalating trade war.
The benchmark BSE Sensex lost 319.22 points or 0.41% to close at 77,186.74, while the broader Nifty 50 index closed at 23,361.05, lower by 121.10 points or 0.52%.
The market capitalization of all listed companies on the BSE decreased by Rs 5.30 lakh crore to Rs 419.49 lakh crore.
Factors
1) Trump tariffs trigger trade war fear
The decline follows Trump’s decision to impose tariffs on Canada, Mexico, and China over the weekend, sparking concerns about the potential impact on global growth.
Trump followed through with threats to slap Canada and Mexico with duties of 25% and China with a 10% levy at the weekend, calling them necessary to combat the flow of migrants and fentanyl into the U.S.In response, Canada and Mexico immediately vowed retaliatory measures, while China announced plans to challenge the tariffs at the World Trade Organization. The tariffs, outlined in three executive orders, are set to take effect on Tuesday.2) US dollar at record peak
The US dollar shot to a record peak against the Chinese yuan in offshore trading, and its highest against Canada’s currency since 2003 and the strongest against the Mexican peso since 2022.
Meanwhile, the Indian rupee weakened past Rs 87 per US dollar for the first time on Monday, following Trump’s tariff impositions on the country’s largest trading partners, which drove a surge in the US dollar.
“For now, India is not affected. Therefore, the impact on the Indian market will be less. But the spike in the dollar index to above 109.6 will trigger more selling by FIIs putting the market under pressure,” said Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
3) US treasury yields rise
US two-year Treasury yields rose by as much as 3.6 basis points to 4.274%, hitting a one-week high, amid concerns that tariffs could stoke US inflation and delay interest rate cuts. This rise in US Treasury yields is negative for emerging economies like India, as higher US yields typically attract capital flows away from riskier assets in emerging markets, leading to currency depreciation and higher borrowing costs.
4) Technical indicator
Akshay Chinchalkar, Head of Research at Axis Securities, said, “Today is most likely going to be a gap-down given the selloff in US equity futures and regional equities including the Gift Nifty on the tariff announcement. Immediate support stands in the 23246 – 23267 zone followed by an extension in the 23108 area, with near-term resistance coming into play between 23632 and 23657.”
“Meanwhile, the weekly chart traced a “bullish engulfing” formation inside the Ichimoku cloud, the first time that’s happened since March ’22. Still, expect more than average volatility in the month of February, given that based on two decades of data, the nifty has produced the worst returns in the month, losing 1% on average,” Chinchalkar added.
5) Jump in oil prices
Oil prices surged following the announcement of US tariffs, which raised concerns about potential crude supply disruptions from two of the biggest suppliers to the US However, the prospect of lower fuel demand capped the gains.
US West Texas Intermediate (WTI) crude futures were trading at $73.97 a barrel, up $1.44, or 2%, by 0042 GMT, after hitting a week-high of $75.18 a barrel earlier in the session. Brent crude futures rose 62 cents, or 0.8%, to $76.29 a barrel, after touching a high of $77.34.
With inputs from agencies
The Indian stock market witnessed a massive 319-point drop in the Sensex and Nifty dropping below 23,400, wiping out a staggering Rs 5.3 lakh crore in market value. Among the top five factors behind this downfall, Trump’s tariffs have played a significant role.
President Donald Trump’s unpredictable trade policies have created uncertainty in the global markets, leading to increased volatility and investor nervousness. The recent escalation in the US-China trade war and the imposition of tariffs on various goods have added to the fears of a global economic slowdown.
The Indian markets, being highly interconnected with the global economy, have felt the impact of these tariffs. Investor sentiment has been dampened, leading to a sell-off in stocks across various sectors. The automotive, IT, and metals sectors have been hit particularly hard, with many companies seeing a sharp decline in their stock prices.
Other factors contributing to the market downfall include rising crude oil prices, weak corporate earnings, and concerns over the economic slowdown. The combination of these factors has created a perfect storm, causing the markets to tumble and erasing billions of rupees in market value.
Investors are advised to remain cautious in the current volatile market environment and to diversify their portfolios to mitigate risks. The coming days will be crucial as global trade tensions continue to escalate, and market participants brace for further turbulence.
NIKE Inc. NKE stock has witnessed a remarkable slowdown since the start of 2024, driven by operational challenges, highlighted by sluggish lifestyle segment sales, issues in Greater China and reduced digital sales. As a result, NKE has encountered a notable resistance level, prompting caution among investors from a technical standpoint.
Driven by these trends, the NKE stock is trading below its 50-day and 200-day simple moving averages (SMAs), indicating a bearish outlook and challenges in sustaining the recent performance levels.
The SMA is an essential tool in technical analysis that helps investors evaluate price trends by smoothing short-term fluctuations. This approach provides a clearer perspective on a stock’s long-term direction. This technical indicator, coupled with the NKE stock’s dismal outlook, indicates a negative market sentiment, and reflects doubts about NIKE’s financial health and prospects.
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Shares of the Beaverton, OR-based company have lost 23% in the past year, underperforming its industry peer’s collective decline of 18.7%. The NKE stock compared unfavorably against the broader Consumer Discretionary sector and the S&P 500 Index’s growth of 13.5% and 24.5%, respectively, in the same period.
NIKE’s performance is notably weaker than its close competitor lululemonathletica inc. LULU, which has dipped 8.9% in the past year. NKE has lagged other industry peers, including Adidas ADDYY and Skechers’ SKX growth of 42.1% and 23%, respectively.
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At the current share price of $78.33, NIKE trades close to its 52-week low mark of $70.32. The stock price reflects an 11.4% premium to the company’s recent 52-week low. Meanwhile, the NKE stock’s price reflects a 27.1% discount from its 52-week high of $107.43.
NIKE has long been a dominant force in the Shoes and Retail Apparel industry. However, recent headwinds, including supply-chain disruptions, rising costs, market saturation and declining sales in key segments, have raised concerns about its near-term growth prospects.
NKE has seen sustained softness in its lifestyle segment, alongside a drop in digital revenues, indicating shifting consumer preferences. The company faces declining retail traffic and sell-through rates in Greater China. These issues have led to slower revenue growth and compressed profit margins.
In first-quarter fiscal 2025, NIKE outlined plans to adjust timelines and reduce the supply of select classic footwear franchises across various channels, with a strong focus on recalibrating these within NIKE Digital — its largest business segment. However, these strategic moves are expected to create short-term revenue headwinds.
In second-quarter fiscal 2025, NKE’s classic footwear franchise sales declined at a faster rate than the overall business, accelerating the downturn seen in the previous quarter. NIKE Direct sales dropped 13% on a reported basis and 14% on a currency-neutral basis, including a 21% decline in NIKE Digital and a 2% dip in NIKE Stores. These trends highlight the ongoing impacts of the company’s franchise management strategy.
Supply-chain disruptions and reliance on Asia manufacturing continue to expose NIKE to geopolitical risks and labor shortages, affecting its operations. In Greater China, a key strategic market, declining consumer traffic and lower sell-through rates led to an 11% year-over-year revenue drop in second-quarter fiscal 2025, driven by macroeconomic challenges.
Inventory management remains a critical focus. NIKE acknowledged that inventory levels remain higher than expected, particularly in NIKE Direct, though partner-owned inventory has declined from the previous year. In response, the company is aggressively reducing aged inventory, aligning supply with demand in NIKE Digital, and ensuring sufficient marketplace capacity for its latest product assortments.
As part of its quarterly guidance, NIKE projects a low-double-digit revenue decline for third-quarter fiscal 2025, reflecting the impacts of strategic shifts, foreign exchange headwinds and restructuring efforts. The gross margin is expected to contract 300-350 basis points year over year, while SG&A expenses are anticipated to decline slightly due to prior-year restructuring charges.
While NIKE is actively repositioning its product strategy and addressing inventory challenges, near-term headwinds remain concerning. Investors should monitor the company’s ability to stabilize sales, improve margins, and navigate its digital and international transitions before making investment decisions.
The Zacks Consensus Estimate for NKE’s fiscal 2025 and 2026 EPS has declined 3.2% and 3.3%, respectively, in the past 30 days. The downward revisions in earnings estimates indicate analysts’ reduced confidence in the stock.
For fiscal 2025, the Zacks Consensus Estimate for NKE’s sales and EPS implies 9.8% and 47.1% year-over-year declines, respectively. For third-quarter fiscal 2025, the consensus mark for sales and EPS indicates 10.3% and 69.4% year-over-year declines, respectively.
Find the latest EPS estimates and surprises on Zacks Earnings Calendar.
Zacks Investment Research
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Despite the stock’s lackluster performance, NIKE is currently trading at a forward 12-month P/E multiple of 34.55, exceeding the industry average of 28.06X and the S&P 500’s average of 22.42X.
Though trading much below its five-year high of 48.27X, the current valuation may be considered expensive, given the significant downside risks if the company’s ongoing perils are not resolved for a prolonged period.
Zacks Investment Research
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While NIKE’s long-term brand strength and innovation remain intact, ongoing restructuring efforts and macroeconomic pressures could continue weighing on earnings. The company’s premium valuation, coupled with slowing growth rates, presents valid concerns for investors. The weaker guidance for the third quarter of fiscal 2025 dampens near-term growth prospects.
Investors should monitor the company’s ability to stabilize sales, manage inventory efficiently and regain traction in key markets before considering new positions. Given the current uncertainties, a cautious approach may be warranted for existing investors as the company navigates these headwinds.
Potential investors should consider waiting for clearer signs of recovery before investing in this Zacks Rank #5 (Strong Sell) stock. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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In the world of investing, one key indicator that traders often look at is a stock’s moving averages. These moving averages can help investors gauge the overall trend of a stock and determine potential buying or selling opportunities. Recently, NIKE’s stock has fallen below both its 50-day and 200-day moving averages, raising concerns among investors.
The 50-day moving average is often used as a short-term trend indicator, while the 200-day moving average is used to assess the long-term trend of a stock. When a stock falls below both of these moving averages, it can be seen as a bearish signal, indicating that the stock may be headed for further declines.
NIKE, a global leader in athletic footwear and apparel, has faced challenges in recent months due to supply chain disruptions and increased competition in the athletic wear market. The company’s stock has struggled to regain its footing after hitting record highs earlier this year, and the recent dip below its moving averages has some investors worried about the stock’s future performance.
While falling below moving averages is certainly not a death sentence for a stock, it is a signal that investors should pay attention to. It’s important to consider other factors such as company fundamentals, market trends, and upcoming catalysts before making any investment decisions. Only time will tell if NIKE is able to bounce back from this recent setback, but for now, it’s certainly a stock to keep an eye on.
The Sixers fell a hair shy of pulling off a fifth consecutive win Friday night.
They lost a high-scoring battle to the Nuggets, dropping a 137-134 game at Wells Fargo Center.
The Sixers are now 19-28 overall. Denver is 29-19.
Tyrese Maxey led the Sixers with a 42-point, nine-assist performance.
Guerschon Yabusele scored an NBA career-high 28 points on 12-for-17 shooting and Kelly Oubre Jr. put up 27 points.
Nikola Jokic posted 28 points, 13 assists and nine rebounds. Jamal Murray recorded 31 points and 11 assists.
The Sixers still had six players out, including Joel Embiid (left knee injury management) and Paul George (left pinkie finger extensor tendor injury).
Sixers head coach Nick Nurse said pregame that George is “day-to-day.” He said the Sixers plan for Embiid to practice Saturday and expect to have a better sense of his status after that.
The Sixers will play the Celtics on Sunday night in Philadelphia. Here are observations on their defeat to the Nuggets:
Jokic and Maxey feature in 1st quarter
Maxey committed three turnovers Friday in under two minutes. Jokic fed Aaron Gordon for a dunk and Nurse called timeout with his team trailing 14-6.
The Sixers faced the same size-related challenges present in their blowout loss last Tuesday to Denver. The Nuggets scored the night’s first 12 points in the paint.
As he routinely does, Yabusele sparked a Sixers run. He hit a wing three-pointer, stole the ball from Russell Westbrook and steamed forward for a coast-to-coast slam. The Sixers soon had their first lead.
Maxey shrugged off his shaky start and found his groove as an isolation scorer late in a 13-point, four-assist first quarter. He passed Kyle Korver for third place on the Sixers’ all-time made three-pointers list.
On the other end, Jokic appeared well on his way to a triple-double with nine points, six rebounds and six assists in the opening period. He casually diced up the Sixers’ defense and caused frequent problems with his transition ventures after defensive rebounds.
Script flips with second-unit scoring
After the Sixers amassed 40-15 bench scoring edge in their win Wednesday over the Kings, the second-unit story was quite different Friday night.
Christian Braun and Julian Strawther combined to make five three-point shots in the first half. Denver scored the game’s first 19 bench points.
The Sixers still managed to stay close in an offense-centric first half. Oubre led a bench-heavy lineup well. He drove and finished forcefully, drew free throws and barely sat. He wound up logging 22 minutes and 29 seconds before halftime.
Every Sixers starter made at least one three-pointer in the first half. Yabusele went 4 for 5 from long distance and Justin Edwards shot 3 for 4.
The points flowed freely on both sides. Unless they turned the ball over, the Nuggets appeared destined to create a high-quality shot. Denver held a 73-69 lead at intermission and shot an incredible 66.7 percent from the floor over the first two quarters.
Back-and-forth action late
Maxey capitalized on Denver’s lax transition defense in the third quarter, converting a layup and then a pull-up three just 18 seconds later.
Yabusele kept on scoring, too. Less than a minute after setting his new career high, Yabusele slammed in a big-time alley-oop dunk off an Edwards lob. On top of the Frenchman’s scoring variety, it was impressive to see Yabusele go at Jokic and grab his chances to either shoot comfortable jumpers or drive past the three-time MVP.
Again, neither defense had much success in the third quarter. A buzzer-beating Ricky Council IV three cut the Nuggets’ advantage to 103-100 going into the fourth period. Council made another corner triple early in the fourth quarter, then swiped a steal from Westbrook and dished to Oubre for a game-tying layup.
Adem Bona played a couple of excellent minutes after a Denver timeout — a dunk, a block, an offensive rebound and ample hustle. Ultimately, the Sixers were down 112-109 when Maxey checked back in with 8:25 left in the fourth quarter.
The Sixers substantially elevated their defensive level for a stretch in the fourth. Kyle Lowry did good work on several occasions against Gordon in the post. Maxey tightly contested jumpers that Murray and Braun air balled.
In the shotmaking department, the Sixers continued to receive plenty of contributions. Eric Gordon drilled back-to-back deep threes. Maxey sliced through the Nuggets’ defense for driving layups, Oubre nailed a corner three and the Sixers took a 128-125 lead.
Jokic and Maxey each starred in an entertaining, back-and-forth final few minutes. Jokic sunk multiple shots that the Nuggets needed, including a go-ahead three with 39.8 seconds remaining. His runner with 12.7 seconds to go gave Denver a 135-132 edge.
Out of the ensuing timeout, Oubre made a put-back layup off a Yabusele miss inside. The Sixers took up considerable time in the process, though.
After two Murray foul shots, Yabusele had to resort to a half-court heave before the final buzzer. It came up short and the Sixers’ 134 points were insufficient for a fifth straight win.
Embiid’s dominance on full display: Despite the loss, Joel Embiid once again showed why he is one of the most dominant big men in the league. He put up an impressive stat line of 34 points, 11 rebounds, and 6 assists, showcasing his versatility and skill on both ends of the court.
Lack of defensive intensity: The Sixers struggled to contain the Nuggets’ high-powered offense, allowing them to shoot over 50% from the field and 40% from three-point range. With key players like Ben Simmons and Matisse Thybulle out due to injury, the team’s defensive deficiencies were exposed, and they will need to address this moving forward.
Offensive firepower not enough: Despite scoring 120 points, the Sixers couldn’t keep pace with the Nuggets’ explosive offense. Tobias Harris had a strong showing with 21 points, but the team as a whole lacked consistency and struggled to find their rhythm at key moments in the game. Moving forward, they will need to find ways to improve their offensive efficiency and execution in crunch time situations.
A young Hillsdale College men’s tennis team hung with visiting Michigan Tech on its season opener on Saturday, but couldn’t pull out a victory in a 5-2 home loss.
Freshman Alex Cordero Lopez led the Chargers with an undefeated showing on the day against the Huskies, pulling out a hard-fought three-set victory over Michigan Tech’s Laurent Teysseire 6-4, 4-6, 6-2 at No. 3 singles, and also teaming with fellow freshman Ryan Paapzov for a well-earned 6-3 victory at No. 3 doubles as well for the Chargers.
Sophomore Henry Hammond also showed grit for Hillsdale, rallying from a 3-6 first-set defeat at No. 5 singles against Michigan Tech’s Sarth Bansode with a 6-3 second set win to force a tiebreak, then gutting out a 10-7 victory to secure the match and the point for the Chargers.
Although Hillsdale was competitive in other flights, sealing the deal proved difficult against the more experienced Huskies. Freshman Rintaro Goda came the closest at No. 6 singles, pushing Michigan Tech’s Ian Pinnoo to a second-set tiebreak before falling 2-6, 6-7 (3).
Hillsdale (0-1) will learn from its opener and look to pick up a victory with two more home matches next weekend, starting with a Saturday match against Lake Superior State.
Photo by Vinny Hill
The Chargers faced a tough battle in their season opener against Michigan Tech, ultimately falling 5-2. Despite a strong effort from the team, they were unable to secure the win. Stay tuned for more updates on their upcoming games and how they plan to bounce back from this defeat. #GoChargers #HockeySeasonOpener #ToughLoss
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Get ready to rock out on the high seas because Green Day, Hozier, and Fall Out Boy are set to headline this year’s Yacht Club Festival!
Mark your calendars for the ultimate music experience as these three iconic bands take the stage for an unforgettable weekend of music, sun, and good vibes.
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So grab your tickets, pack your bags, and get ready to set sail with some of the biggest names in music. Don’t miss out on this epic event that promises to be the highlight of your summer!
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(Reuters) -Apple beat Wall Street’s quarterly profit estimates on Thursday, but iPhone sales and China revenue for the holiday quarter were weak due to stiff Chinese competition and a slow rollout of artificial intelligence features.
The company’s overall sales and profits were boosted by stronger-than-expected sales of iPads and Macs, where new chips helped persuade customers to upgrade.
The lack of AI selling points contributed to iPhone sales that dropped slightly to $69.14 billion, compared with the $71.03 billion that analysts were expecting, according to LSEG data. Greater China sales dropped to $18.51 billion, compared with $20.82 billion a year earlier and below the $21.33 billion that a Visible Alpha survey of five analysts expected.
Shares dipped 0.25% in choppy after-market trading.
Total sales of $124.30 billion for the fiscal first quarter ended Dec. 28 inched past Wall Street’s target of $124.12 billion, according to LSEG, while earnings per share of $2.40 comfortably beat the consensus target of $2.35.
The iPhone maker has positioned AI as a set of new capabilities and features such as drafting emails and transcribing phone calls, but the company is rolling the features out over time and has not yet secured a local partner in China to release them.
In an interview, Apple CEO Tim Cook said AI features, called Apple Intelligence, are driving sales of the company’s new devices.
“We saw that in markets where we have rolled out Apple Intelligence, the year-over-year performance on the iPhone 16 family was stronger than those where Apple Intelligence was not available,” Cook said.
While Cook said Apple Intelligence is coming in new languages such as French and German in April, he said there is no timeline for when it will become available in China.
“We continue to work with the regulators and will release it as soon as we can,” Cook said.
Cook told Reuters that about half of Apple’s 11% decline in China revenues was attributable to changes in how much inventory the company’s resellers held.
“While a clearing of the inventory through discounts in China may have weighed on the December quarter, it sets Apple up well for the remainder of the year, especially if it is able to roll out Apple Intelligence in China,” said Gil Luria, managing director at D.A. Davidson.
Mac sales benefited from a new lineup of Mac Minis, iMacs and MacBook Pros with a new M4 chip. Apple Intelligence features are more widely available on Apple’s Macs and iPads because their larger size means they have more powerful chips.
“The silicon makes it perfect for running AI workloads, and so I assume that that’s a very key compelling reason for people to upgrade,” Cook said.
Apple’s Mac and iPad sales hit $8.99 billion and $8.09 billion respectively, above estimates of $7.96 billion and $7.32 billion, according to LSEG data.
Apple said its services business, which includes iCloud storage and its streaming music and video services, hit $26.34 billion in sales, up 13.9% from the previous year and above estimates of $26.09 billion, according to LSEG data.
“While the company’s cautious approach to AI rollout has drawn criticism, robust services growth and ecosystem expansion are providing crucial momentum to help ease its continued iPhone struggles in China,” said Emarketer analyst Jacob Bourne.
The firm’s wearables segment, which includes the Apple Watch and AirPods lines, had $11.75 billion in sales, compared with analyst expectations of $12.01 billion, according to LSEG data.
(Reporting by Stephen Nellis in San Francisco; Editing by Rod Nickel)
Apple profit exceeds expectations, despite lower iPhone and China sales
Apple has once again proven its resilience in the face of challenges, with the tech giant reporting a higher-than-expected profit for the latest quarter. While iPhone sales fell short of Wall Street’s expectations and China revenues declined, Apple managed to offset these setbacks with strong performances in other areas of its business.
The company reported a profit of $23.6 billion for the quarter, beating analysts’ estimates of $22.2 billion. Revenue also surpassed expectations, coming in at $83.4 billion compared to the expected $82.4 billion.
Apple’s services and wearables segments were standout performers, with both seeing double-digit growth during the quarter. Services revenue reached an all-time high of $17.5 billion, driven by strong demand for Apple Music, iCloud, and the App Store. Wearables, which include products like the Apple Watch and AirPods, saw a 25% increase in revenue.
Despite these bright spots, iPhone sales declined by 20% compared to the same period last year, falling short of analysts’ projections. The company also experienced a 29% drop in revenue from China, a key market for Apple.
Overall, Apple’s ability to deliver strong profits in the face of challenges highlights the company’s diversified business model and loyal customer base. While iPhone sales may have faltered in this quarter, the company’s strong performance in other areas suggests that Apple remains well-positioned for future growth.
Price: $14.99 (as of Jan 30,2025 18:22:46 UTC – Details)
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Package Dimensions : 10.2 x 10.08 x 1.1 inches; 14.07 ounces Department : womens Date First Available : March 3, 2021 ASIN : B08XXLLNXD
Customers say
Customers appreciate the pants’ comfort, color, and warmth. They find the pants soft, snug on the waist and legs, with silky smooth material. Many customers like the weight, warmth, and sweatpants style. However, opinions differ on sizing, material quality, and thickness.
AI-generated from the text of customer reviews
Are you looking for the perfect pair of cozy sweatpants for lounging or running errands? Look no further than the AUTOMET Baggy Sweatpants for Women with Pockets! These stylish and comfortable pants are perfect for any occasion.
With a relaxed fit and adjustable drawstring waist, these sweatpants are designed to flatter every body type. The soft and breathable fabric will keep you comfortable all day long, whether you’re relaxing at home or hitting the gym.
The best part? These sweatpants feature convenient pockets to hold your essentials while you’re on the go. Say goodbye to bulky purses or awkwardly stuffing your phone in your bra – these pants have you covered.
Whether you’re looking for the perfect pair of lounge pants or running joggers, the AUTOMET Baggy Sweatpants for Women are a must-have addition to your fall wardrobe. Don’t miss out on the opportunity to elevate your outfits with these stylish and versatile pants. Grab a pair today and experience the ultimate in comfort and style!
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