The Californian group saw its iPhone sales reach 42.6 billion dollars, up 9.7% compared to last year.
Once again Apple manages to escape the storms that hit other tech giants. The Cupertino (California) firm is announcing record performance for a period from July to September, while others such as Microsoft, Google and especially Meta Platforms are all suffering from falling demand.
The capitalization of Meta melted yesterday by 24.6% in a single session, due to very discouraging results and prospects. For its part, Amazon saw its price drop more than 13% in minutes on the over-the-counter market, after announcing lackluster earnings targets for the current quarter. Simultaneously Apple’s share price recovered after an initial drop to end virtually unchanged. Admittedly, iPhone sales are proving to be worse than many analysts’ forecasts. They still set a record for this quarterly exercise, with a total of 42.6 billion dollars, which marks an increase of 9.7% compared to…
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