Apple cuts its profits by 9.19% from October to March

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tech giant view announced net earnings of $54,158 million this Thursday, 9.19% less than October through March compared to the same period last year. In the first half of 2023 (Apple’s fiscal year begins in October), the Cupertino (California, USA) company entered $211,990 million, below the $221,223 million billed in the same six months of the previous year. Investors in the bite apple company pocketed $3.42 per title during this period, doing their bit compared to $3.65 a year ago.

According to business divisions, The iPhone represents more than half of total billing, with revenue of $117,109 million. of your company. Behind the iPhone, though far behind, are services, one of the company’s biggest bets in recent years, where it has launched multiple subscription platforms in industries as diverse as television entertainment, video games, press, physical exercise. music. Between October and March, Apple made $41.673 million from these subscription services, followed by clothing and home tech with $22,239 million.

Mac computers (the original Apple product) totaled $14,903 million, down from $21,287 million in the same period in 2022. year and increased from 14,894 million contributions to the company’s accounts to 16,066 million.

The results presented by Apple convinced Wall Street investors and company shares rose 1.31% Up to $167.96 per title in electronic transactions after New York hardwood closes.

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