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Apple poised for best quarterly growth in five years

Apple poised for best quarterly growth in five years

Reports have shown that Apple achieved strong sales growth during the quarter ending in June, with iPhone shipments increasing by 3% and its market share approaching 20%. This occurred despite not raising iPhone prices, as the company increased the prices of iPads and Macs to compensate for rising costs due to shortages of memory and storage chips, linked to the expansion of data centers for artificial intelligence. This move helped restore its title as the world's most valuable company, with a market value exceeding $5 trillion, and there are expectations of another iPhone price increase in September.

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