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Apple Revenue Drops 1%, but Profit Rises to $19.88 Billion

Por: The New York Times Tech August 04, 2023

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The smartphone industry is in a tailspin, with , but Apple has escaped the worst of the downturn because wealthy customers continue buying pricey iPhones.The world’s most valuable tech company, which relies on the iPhone for half its sales, reported on Thursday that revenue fell 1 percent, to $81.8 billion, during the three months that ended in June. Profit increased 2 percent, to $19.88 billion.While Apple did not experience the rapid growth... + full article



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