There's been one port in this particular storm, however. Apple has weathered the perfect storm of swelling inflation, pandemic-related supply chain issues, and the war in UkraineOn Apple's quarterly earnings call on Thursday afternoon, CEO Tim Cook acknowledged the hurdles facing the company. But conspicuous by its absence was any mention of cost-cutting, layoffs, or strategy shifts.
But Cook took an optimistic tone on the earnings call. He spotlighted that there are now 2 billion active Apple devices, and shared that the supply chain issues that hampered availability of the iPhone 14 and iPhone 14 Pro Max through the end of last year are now alleviated. Wall Street seems to be half-convinced by Cook's sunnier outlook, at least. While shares dipped over 4% immediately after Apple released the report, that went down to only an approximately 2% drop following the conclusion of the call.after announcing cost-cutting
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
BISouthAfrica If these guys come to Africa, there are chances they will meet some unimaginably unexplored talents and creativities. They are many young Africans who are eager to learn and work, but are denied by their corrupt leaders.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bill Gates calls ChatGPT 'every bit as important as the PC' or the internet | Business Insider'AI is going to be debated as the hottest topic of 2023,' Bill Gates told Forbes. 'And you know what? That's appropriate.' Even more reason to hate it. This guy is not a real person 🤞🏾 he is not for humanity I'm actually convinced
Source: BISouthAfrica - 🏆 34. / 51 Read more »
Gautam Adani isn't Asia's richest person anymore after losing over $50 billion | Business InsiderWith an estimated net worth of $74.7 billion, Adani now ranks as the world's 15th richest person on Forbes' billionaire list.
Source: BISouthAfrica - 🏆 34. / 51 Read more »
A Porsche dealership in China accidentally priced a car at an 88% discount | Business InsiderA Porsche dealership in Yinchuan, China, listed a Panamera for a mere R315,000 on their website, Bloomberg reported.
Source: BISouthAfrica - 🏆 34. / 51 Read more »
Business pleads with Ramaphosa: Choose a more effective Cabinet | BusinessOrganised business groups have made a plea to President Cyril Ramaphosa to choose his Cabinet carefully, as his decisions will be 'decisive in setting the trajectory of the country'. | News24_Business politicsblahbla _Business politicsblahbla They are hypocrites, ministers implicated in the zondo state capture report will come back and that organised business groups will keep quiet. _Business politicsblahbla Unfortunately Ramaphosa will have a problem to choose a dynamic government out of the current anc representatives, as criminality and incompetens are the available skills and will not add any value to South Africa's taxpayers. _Business politicsblahbla Pleading.
Source: News24 - 🏆 4. / 80 Read more »