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Apple’s Mac and wearables revenue stumbles as tech sector recedes

by admin
July 29, 2022
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After a strong quarter earlier this year, Apple is continuing to break records. According to the company’s financial results posted today, it’s reporting a revenue record of $83 billion, an increase of 2 percent from the same period last year. Apple also said it reached an all-time high for its installed base of active devices “in every geographic segment and product category.” However, the company’s profits are down by a whole 11 percent, and while it continued to see growth in its iPhone sales, revenue from Macs and wearables dropped.

 

Read More…https://www.engadget.com/apple-earnings-q3-2022-macs-wearables-revenues-210542271.html

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