Apple shares hold up to tech rout on strong results, metaverse tease
An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. REUTERS/Mike Segar/File Photorallied nearly 7% on Friday in its biggest one-day percentage jump in a year and a half after the iPhone maker reported blockbuster results and teased its metaverse ambitions.
The Cupertino, California company's gain reduced some of the losses it has suffered in recent weeks during a broad selloff in growth and technology stocks. The world's largest company by market value raked in sales of nearly $124 billion and profit of $34 billion, showcasing its ability to navigate a global supply crunch during the crucial holiday quarter."Apple is known for its supply-chain prowess and many wonder about the actions Apple has taken and will take to better position itself for this calendar year," Third Bridge analyst Scott Kessler said.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Wyncote Man Sentenced To 2 Life Terms In July 2020 Murders Of Wife, Mother-In-LawA Wyncote man will spend the rest of his life in prison for killing his wife and mother-in-law in July 2020.
Baca lebih lajut »
David Mugar, the force behind Boston's July 4th celebration, diesDavid Mugar, the businessman and philanthropist who transformed the Boston Pops July Fourth concert and fireworks show from a small local event into a nationally televised extravaganza, has died.
Baca lebih lajut »
BMW i3 to cease production in July after nine years | AutocarIt's official: the BMW i3 will finally go out of production later this year, after almost a decade on the road
Baca lebih lajut »
Apple is the world’s most valuable brand in 2022Apple is declared the world's most valuable brand of 2022, while TikTok is the fastest growing brand.
Baca lebih lajut »
Apple Releases iOS 15.3 With 10 Important iPhone Security Updates & FixesApple iOS 15.3 is a long-expected update with new security updates and fixes. Read on for what’s in it and how to get it.
Baca lebih lajut »