Apple earnings top expectations despite economic gloom | The Malaysian Insight

Apple says iPhone sales and money made from services powered quarterly earnings that beat forecasts despite inflation pressure and the slowing global economy. – EPA pic, May 5, 2023.

APPLE yesterday said iPhone sales and money made from services powered quarterly earnings that beat forecasts despite inflation pressure and the slowing global economy. The Silicon Valley titan reported profit of US$24 billion on revenue of US$94.8 billion in the first three months of this year. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

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Stocks slide, dollar mixed before rate calls | The Malaysian InsightDow and tech-heavy Nasdaq both end 1.1% lower while broad-based S&P 500 slides 1.2%.
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