Apple posts strong revenue from iPhone and Mac
Apple announced that its sales and profits exceeded Wall Street's expectations in the third fiscal quarter ending June 27. Revenues reached $109.42 billion, a 16.4% increase driven by consumer demand for iPhones and MacBooks despite rising prices. The company posted earnings of $2.02 per share, including the recovery of tariffs from the U.S. government, which further strengthens its financial dominance. Although its shares fell by 4% after the announcement, Apple's market value remained at the top globally, with stock prices rising by more than 22% over the year. Additionally, the company developed an improved version of its intelligent assistant Siri, utilizing artificial intelligence.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)