Breaking News
Nov 1, 2024
  • Apple Inc. decreased 1.8% to $221.85 after the computing device maker reported sales and earnings that surpassed market expectations. Net income declined after the company paid a one-time charge linked to a tax levy imposed by the European Union's agency. 

    Revenue in the fiscal fourth quarter ending in September increased 6% to $94.9 billion from $89.5 billion, net income fell to $14.7 billion from $22.95 billion, and diluted earnings per share dropped to 97 cents from $1.46 a year ago. 

    Net sales in Americas increased to $41.7 billion from $40.1 billion, in Europe jumped to $24.9 billion from $22.4 billion, and in Greater China edged down to $15.03 billion from $15.08 billion, a year ago, respectively. 

    iPhone sales surged to $46.2 billion from $43.8 billion, Mac sales rose to $7.6 billion from $7.6 billion, and services revenue increased to $24.9 billion from $22.3 billion a year ago, respectively. 
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