Apple Jumped Nearly 5% in Morning Trading after Its Quarterly Profit Exceeded $30 Billion
Tiger Newspress2022-01-28
Apple jumped nearly 5% in morning trading after its quarterly profit exceeded $30 billion.Apple (AAPL) reported record earnings of $34.63 billion for the quarter ended Dec. 25 -- the first time its quarterly profit exceeded $30 billion. Sales came in at $123.95 billion, up 11% from a year earlier, with record iPhone sales, despite the worldwide shortage of computer chips and high inflation.
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