Once again, Apple manages to avoid the storms that have hit other tech giants. The Cupertino (California) company reports record performance for the July to September period, while others such as Microsoft, Google and especially Meta Platforms are all suffering from a drop in demand.
Meta capitalization melted 24.6% in one session yesterday due to very disappointing results and outlook. For its part, Amazon saw its price drop more than 13% in minutes over-the-counter after announcing lower revenue targets for the current quarter. At the same time, Apple’s stock price recovered from the initial decline and ended almost unchanged. It’s true that iPhone sales have been worse than many analysts predicted. They still set a record for this quarterly exercise with a total of $42.6 billion, marking a 9.7 percent increase compared to…
Source: Le Figaro
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.