Apple Expects to Sustain iPhone Sales in 2022 as Market Slows

Apple has asked suppliers to build at least as many of its next-generation iPhones this year as in 2021.Apple Inc has asked suppliers to build at least as many of its next-generation iPhones this year as in 2021, counting on an affluent clientele and dwindling competition to weather a global electronics downturn.

At a time when Android devices are suffering, the stronger demand for Apple’s new lineup stems from a customer base still willing to spend on premium gadgets, the people said. The virtual demise of Huawei Technologies Co. also has eroded competition in high-end smartphones. This week, a cooler-than-anticipated US inflation reading buoyed hopes that interest rate hikes won’t be as aggressive as though. But market observers cautioned the economic outlook remained bleak.

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Hostelworld expects to report positive earnings in second half of 2022Hostelworld expects to report positive earnings before interest, taxation, depreciation and amortisation (ebitda) in the second half of this year, as the travel sector continues to recover from pandemic disruption.
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