IPhone sales surge helps Apple to record third-quarter earnings

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Iconic iPhone sales increase as demand for all products bolstered by retail stores reopening globally

The Apple logo at the entrance to the Apple store on 5th Avenue in Manhattan, New York, US. Picture: REUTERS/MIKE SEGAR

The results suggest that Apple is gaining momentum as the company navigates its way through the pandemic and readies a fresh iPhone lineup in coming months. Still, parts shortages and a patchwork of Covid-19 restrictions continue to weigh on its business. Apple previously warned that third-quarter revenue would take a hit of $3bn to $4bn because of the chip shortage affecting some iPad and Mac components. The Cupertino, California-based company didn’t provide revenue guidance for the fourth quarter, continuing a trend it started when the Covid-19 pandemic first struck the company in 2020.

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:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

If you own apple shares you're rich mos.🤔✌👐😎

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla sales surge 98%; company boosts margins on its less-costly modelsTesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them Tesla elonmusk I saw several people testifying of making so much money with the help of Mr GaryCom89698109, and I decided to give it a try, and now am so happy it's real, he help me make R32,670 in a week. Send him a Dm now to get started. GaryCom89698109 I'm happy to join those who are sharing the good news about shantelll_142 . I'm not persuading anyone to trade with her but i advise every investor to make the right choice with shantelll_142 i got my withdrawal safely without any interruption.
Source: TimesLIVE - 🏆 28. / 59 Read more »