Apple's revenue, profit top analyst views in latest quarter

Apple's revenue, profit top analyst views in latest quarter

2 years ago
Anonymous $xqL1ZTchGQ

https://apnews.com/825a8373ad413e0691b514d80e1cae6b

SAN RAMON, Calif. (AP) — Apple on Thursday reported quarterly results that topped analysts’ profit projections despite supply shortages, economic fallout from the Russia-Ukraine war and a growth slowdown from the huge sales lift that technology products and service got from pandemic restrictions.

The results for the January-March period drew a picture of a still-expanding empire generating massive profits that have yielded the firm a $2.7 trillion market value -- the largest among U.S. companies.