Apple reports solid profits, but iPhone sales miss estimates - Tech Xplore

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Apple reported coagulated profits connected rising revenues Thursday, but the tech giant's iPhone income missed estimates portion it saw slowing maturation successful services revenues.

Profits edged up 1 percent to $20.7 billion, connected an 8 percent emergence successful revenues to 90.1 billion.

Shares dipped 0.9 percent successful after-hours trading, a overmuch smaller diminution than that of Facebook genitor Meta and different tech giants that person plunged aft results successful caller days.

Citation: Apple reports coagulated profits, but iPhone income miss estimates (2022, October 27) retrieved 27 October 2022 from https://techxplore.com/news/2022-10-apple-solid-profits-iphone-sales.html

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