Apple reports massive spike in iPhone revenue, particularly in China
The iPhone maker reported first-quarter earnings after market closeBig tech results show investor demand for payoffs from heavy AI spendingApple released its first quarter earnings on Thursday, exceeding Wall Street’s expectations and seeing its revenue skyrocket 16% from the same time last year.“Apple is proud to report a remarkable, record-breaking quarter, with revenue of $143.8bn,” Tim Cook, the company’s CEO, said in a statement. “iPhone had its best-ever quarter driven by unprecedented demand, with all-time records across every geographic segment.” Continue reading...
The iPhone maker reported first-quarter earnings after market close
Apple released its first quarter earnings on Thursday, exceeding Wall Street’s expectations and seeing its revenue skyrocket 16% from the same time last year.
“Apple is proud to report a remarkable, record-breaking quarter, with revenue of $143.8bn,” Tim Cook, the company’s CEO, said in a statement. “iPhone had its best-ever quarter driven by unprecedented demand, with all-time records across every geographic segment.” Continue reading...
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