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Apple, in poor financial health, is an exception

Nearly 15 years and the release of the first iPhone, the group founded by Steve Jobs has been posting record results quarter after quarter. This consistency of financial performance is now an exception in the world of Gafam.

The company’s latest annual results, for its financial year ended September 30, reflect this brazen health; the net result, which is approaching 100 billion.

Unlike Meta or Alphabet (Google), Apple is not dependent on advertising revenue. The opposite. Last year, advertising, especially in-app advertising, brought in $4 billion, according to Axios. Barely the thickness of the line.

Above all, Apple remains the only one to master vertical integration, from semiconductor design (its M2, A16 chips) to software…

Source: Le Figaro

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