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Search resuls for: "Dawn Chmielewski Nivedita Balu"


2 mentions found


☆ Apple earnings a bright spot as inflation hits tech companies
  + stars: | 2022-10-27 | by ( Dawn Chmielewski Nivedita Balu | Dawn Chmielewski | Nivedita Balu | ) www.reuters.com   time to read: +4 min
Although iPhone sales were not as strong as some analysts had targeted, they were still a record for the September quarter. Minutes before Apple reported, Amazon.com AMZN.O added to tech sector misery, predicting a holiday profit slump that sent its shares down 20%. Apple's iPhone sales for the company's fiscal fourth quarter rose to $42.6 billion, when Wall Street expected sales of $43.21 billion, according to Refinitiv IBES. The company reported sales of iPads were $7.2 billion, compared with the average estimate of $7.94 billion. In China, which has experienced a sharp economic slowdown, Apple reported fourth-quarter sales of $15.5 billion.
☆ Apple earnings rise as economic gloom hits tech
  + stars: | 2022-10-27 | by ( Dawn Chmielewski Nivedita Balu | Dawn Chmielewski | Nivedita Balu | ) www.reuters.com   time to read: +5 min
[1/2] The logo of Apple company is seen outside an Apple store in Bordeaux, France, March 22, 2019. Although iPhone sales were not as strong as some analysts had targeted, they were still a record for the September quarter. Maestri said iPhone sales set a record for the September quarter, improving 10% over the prior year's quarter and exceeding the company's forecast. In China, which has experienced a sharp economic slowdown, Apple reported fourth-quarter sales of $15.5 billion. That is a gain from the prior quarter, when Apple logged sales of $14.6 billion.
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