Apple reports sharp drop in quarterly sales
By France24
06 February 2023 |
5:47 am
On Thursday, Apple reported that revenue fell 5 percent to $117.15 billion during the three months that ended in December, the company's first quarterly sales decline since before the pandemic. Profits decreased 13 percent to $30 billion.
In this article
Related
25 Dec 2021
Find these stories and much more when you grab a copy of The Guardian on Saturday.
4 Jan 2022
Apple on Monday became the first company to hit a $3 trillion (roughly Rs. 2,23,75,950 crore) stock market value, before ending the day a hair below that milestone, as investors bet the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and virtual reality.
25 Jan 2022
Anti-vax enthusiasts claim that at least three athletes dropped out of the 2022 Australian Open tournament due to chest problems related to Covid-19 vaccination.We tell you more in this edition of Truth or Fake.
Anti-vax enthusiasts claim that at least three athletes dropped out of the 2022 Australian Open tournament due to chest problems related to Covid-19 vaccination.We tell you more in this edition of Truth or Fake.
24 Jan 2022
People arriving in England from abroad will no longer have to take Covid-19 tests if they have been vaccinated, British Prime Minister Boris Johnson said on Monday, ahead of an expected announcement.
3 Feb 2022
For the first time since inception in 2004, Facebook lost about 5 lakh users on a daily basis during Oct-Dec 2021. That saw the shares of its parent company, Meta, plunge 20 percent on the exchanges, wiping off $200 bn in market capitalisation.
9 Apr 2022
Germany's crime rate has fallen for the fifth year in a row, down by nearly 5% in 2021 alone. Still, online crime and the distribution of images of child sex abuse are on the rise.
7 Apr 2022
Concern over global food supplies has been rising since Russia invaded Ukraine. Known as "the breadbasket of Europe", Ukraine is a major exporter of wheat and other cereals. But with fierce fighting threatening crops and harvests, authorities say wheat production this year could drop by 30 percent. We take a closer look. Plus, the US Federal Reserve has signalled that it will start selling off its massive haul of bonds to the tune of $95 billion a month, rattling markets.
28 Apr 2022
The WHO chief has urged countries to ramp up testing to accurately reflect global transmission trends. Meanwhile, Mexico said it is transitioning from pandemic to endemic.
1 May 2022
Amazon records its first quarterly loss since 2015 as online sales drop, while Apple warns of an $8 billion hit from the war in Ukraine and Covid-19 lockdowns in China. Also, French growth hits zero as consumer spending falls, and the IMF warns of dangers for the economies of sub-Saharan Africa.
11 May 2022
US tech giant Apple has announced it is stopping production of its iconic iPod device, which was first launched in 2001. With a battery life of 10 hours and enough space for 1,000 songs, the iPod completely changed the way we listen to music and paved the way for smartphones. Also in the show, US President Joe Biden says the fight against inflation is his "top priority".
7 Jun 2022
Apple Safari has surpassed the billion users milestone.
11 Jun 2022
The EU has agreed on the text of a law to force smartphone makers to equip their devices with a single, common charging port known as USB Type-C. The deal with member states and lawmakers comes as a setback to Apple, which had argued that imposing a universal cable could hinder innovation. We take a closer look. But first, the World Bank warns of 1970s-style stagflation as it sharply lowers its forecast for global growth.
Latest
36 mins ago
Find these stories and much more when you grab a copy of The Guardian on Saturday.
42 mins ago
Security forces raided the homes and offices of former employees of the rights organization Memorial. The wave of searches is part of a sweeping crackdown against dissent in Russia.
42 mins ago
Brazilian authorities are taking aggressive action to fight deforestation. Since President Luiz Inácio Lula da Silva returned to office, he has been working to preserve rainforest land
42 mins ago
Indian authorities are carrying out a massive manhunt for Sikh separatist leader Amritpal Singh. As he evades the police, his popularity haunts Punjab as a reminder of once deadly tensions.
3 hours ago
Military reservists are threatening to stop reporting for duty if Israel goes ahead with its judicial reforms. The unprecedented military protests underscore the growing opposition to the legal overhaul.
3 hours ago
To mark French Language and La Francophonie Week, we head across the Atlantic to New Orleans in Louisiana. Located on the banks of the Mississippi, it's the most French of American cities. Some want to preserve New Orleans' rich colonial heritage.