Apple earnings top expectations despite economic gloom

Apple earnings top expectations despite economic gloom

Apple on Thursday stated iPhone gross sales and cash created from providers powered quarterly earnings that beat forecasts regardless of inflation strain and the slowing world financial system.

The Silicon Valley titan reported revenue of $24 billion on income of $94.8 billion within the first three months of this 12 months.

“We are pleased to report an all-time record in services and a March quarter record for iPhone despite the challenging macroeconomic environment,” Apple chief govt Tim Cook stated in an earnings launch.

Source: www.anews.com.tr