Apple revenues rise on strong services business and iPad sales

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 98%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Company bullish on iPhone upgrades from AI products even as it confronts China slowdown and fall in smartphone purchases

Apple’s revenue increased 5 per cent in the three months to the end of June, as earnings from its services business and a surge in iPad purchases offset a decline in iPhone sales and a continued slowdown in China.

Shares flipped between small gains and losses in after-hours trading on Thursday. Apple has risen 18 per cent this year and is the most valuable company in the world with a market capitalisation of $3.3 trillion.Drop of The Black Stuff hits the spot for men with sensitive skin More encouraging was Apple’s services business – which includes the App Store, Apple Pay and the TV+ streaming platform – which continued to accelerate, rising to $24.2 billion from $21 billion a year ago.

Apple announced the new features, known as “Apple intelligence”, at its developer conference in June. Research and development expenses rose 8 per cent to $8bn in the quarter. Mr Maestri declined to comment on how much of this was spent on AI, including the infrastructure needed to train and run its own large language models.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 3. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

INM report finds deal with Denis O’Brien company would have required board approvalInspectors’ report finds no breaches of Companies Acts following inquiry initiated in September 2018
Fonte: IrishTimes - 🏆 3. / 98 Leggi di più »

Profits rise at investment company owned by former Glen Dimplex chief Sean O’DriscollRoaring Waters Capital Ltd, which is owned by former Glen Dimplex chief executive Mr O’Driscoll and his wife, made a profit for the year of €5.9m
Fonte: IrishTimes - 🏆 3. / 98 Leggi di più »

Appeal court rules that Johnny Ronan company owns all six Harry Clarke windows in Bewley’sThe six windows are said to be worth €1m
Fonte: IrishTimes - 🏆 3. / 98 Leggi di più »

Galway captain Davoren in good company with Moycullen's sporting high-achieversDavoren captains the Galway ladies in Sunday’s TG4 All-Ireland final against Kerry.
Fonte: The42_ie - 🏆 5. / 86 Leggi di più »

Hong Kong-listed biologics company WuXi records €73m operating loss at its Irish operationThe company has invested in manufacturing capacity at a plant in Dundalk
Fonte: IrishTimes - 🏆 3. / 98 Leggi di più »