Cover Image for Apple warns investors that its new products may not reach the profitability of the iPhone.
Wed Nov 06 2024

Apple warns investors that its new products may not reach the profitability of the iPhone.

Apple has warned investors that its new and future products may never achieve the profitability level of the iPhone.

Apple has issued a warning to its investors, indicating that its new products and those developed in the future may not achieve the profitability that the iPhone has enjoyed. This warning was included in its latest annual report, specifically in the section dedicated to "business risks." According to the information, Apple states that “new products, services, and technologies may replace or surpass existing offerings, resulting in lower revenue and profit margins, which could significantly negatively impact the company's business, operating results, and financial situation.”

The company is focusing on adopting emerging technologies, such as artificial intelligence and mixed reality headsets. Recently, Apple launched its initial artificial intelligence features under the name Apple Intelligence and reported that it will integrate more functionalities, including a connection with ChatGPT, in the coming months. As for the Vision Pro headset, its sales have been limited, possibly due to its high price of $3,499.