Apple reported for the first quarter of the 2022-2023 fiscal year: The company’s profit declined 13.4%, to $29.998 billion. The tech giant’s revenue declined 5.5%, to $117.2 billion. The results were worse than the forecasts, which were at $121.88 billion

Apple started the fiscal year with a 13% drop in profit

Apple’s quarterly diluted earnings per share were $1.88, compared with $2.1 a year earlier. That also turned lower than forecasts ($1.94 per share).

iPhone sales fell 8.1% to $65.775 million, while Mac revenue plunged 29% to $7.735 million, while iPad sales rose 29% to $9.396 million. of dollars.

In 2022, Apple ceased to be the leader in the ranking of the most valuable brands in the world. The brand of one of the main corporations has dropped in price by 16% during the year, to 297,500 million dollars. Snapchat and Twitter have completely “deviated” from the list of the most expensive global brands.

Author:

karina pardaeva

Source: RB

Previous articleApple’s first iPhone at auction for $50,000
Next articleMath is ChatGPT’s worst enemy
I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.

LEAVE A REPLY

Please enter your comment!
Please enter your name here