{"id":207961,"date":"2026-01-29T18:07:00","date_gmt":"2026-01-29T23:07:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/01\/29\/the-iphone-17-is-easing-wall-streets-concerns-about-apples-ai-troubles\/"},"modified":"2026-01-29T19:25:16","modified_gmt":"2026-01-30T00:25:16","slug":"the-iphone-17-is-easing-wall-streets-concerns-about-apples-ai-troubles","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/01\/29\/the-iphone-17-is-easing-wall-streets-concerns-about-apples-ai-troubles\/","title":{"rendered":"The iPhone 17 is easing Wall Street\u2019s concerns about Apple\u2019s AI troubles"},"content":{"rendered":"<p><a href=\"https:\/\/www.cnn.com\/2026\/01\/29\/tech\/apple-earnings-iphone-17-sales-ai\">The iPhone 17 is easing Wall Street\u2019s concerns about Apple\u2019s AI troubles<\/a><\/p>\n<p><a href=\"https:\/\/www.cnn.com\/2026\/01\/29\/tech\/apple-earnings-iphone-17-sales-ai\">https:\/\/www.cnn.com\/2026\/01\/29\/tech\/apple-earnings-iphone-17-sales-ai<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-01-29 18:07:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.cnn.com\">www.cnn.com<\/a><\/p>\n<p>      <span class=\"source__location vossi-source__location\" data-editable=\"location\">New York<\/span><br \/>\n        \u00a0\u2014\u00a0<\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cml011tup001w26p69kblbol5@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            As Big Tech<strong> <\/strong>battles for dominance in artificial intelligence, Apple is flying high on the success of the iPhone.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cml012l0d00043b6p5bnqcd4s@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            The company reported earnings that blew past Wall Street\u2019s expectations on Thursday, largely driven by the iPhone 17. Revenue hit $143.8 billion<strong> <\/strong>for the quarter, up from $124.3 billion a year ago. Meanwhile,iPhone revenue reached $85.3 billion compared to analysts\u2019 expectation of<strong> <\/strong>$78.2 billion for the quarter.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cml012l0d00053b6pggv9zyim@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            The results capture the first full quarter of availability for the iPhone 17, which came out in September. And the stakes were high: Apple has been widely perceived as behind in AI, putting more pressure on core products like the iPhone to succeed.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cml012l0d00063b6p8ko28y6d@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Apple (AAPL) also announced that there are now 2.5 billion Apple devices in use globally. CEO Tim Cook told analysts on Thursday that the company saw record iPhone upgrades and double-digit growth on \u201cswitchers,\u201d users who switch from Android to the iPhone. Revenue in China, a market where Apple has struggled, also grew to $25.5 billion for the quarter compared to $18.5 billion a year ago.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cml012l0d00073b6pqh10x2no@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cThe demand for iPhone was simply staggering,\u201d Cook said.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cml012l0d00083b6po2py8gqa@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            The results come after a challenging 2025 for Apple. Last year, the company grappled with tariffs and a high-profile delay of its revamped version of Siri, which Cook said on the call will arrive this year. Apple and Google recently announced that the search giant\u2019s AI and cloud technology will power the iPhone maker\u2019s AI models, including the upcoming Siri.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cml012l0d00093b6pwlvl416d@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Despite the strong results, Apple still has hurdles ahead. Manufacturers are<strong> <\/strong>pivoting resources to creating memory for data centers rather than consumer products like smartphones, creating a memory shortage in the tech industry.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cml014wjn000f3b6pqzc9vaeg@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Cook said that Apple is&#8230;<\/p>\n<p><a href=\"https:\/\/www.cnn.com\/2026\/01\/29\/tech\/apple-earnings-iphone-17-sales-ai\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The iPhone 17 is easing Wall Street\u2019s concerns about Apple\u2019s AI troubles https:\/\/www.cnn.com\/2026\/01\/29\/tech\/apple-earnings-iphone-17-sales-ai Publish Date:&#8230;<\/p>\n","protected":false},"author":1,"featured_media":207962,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/gettyimages-2256863144.jpg?c=16x9&q=w_800,c_fill","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-207961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/207961"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=207961"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/207961\/revisions"}],"predecessor-version":[{"id":207963,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/207961\/revisions\/207963"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/207962"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=207961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=207961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=207961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}