#Apple profit drops 11%, but iPhone escapes economic slump

#Apple profit drops 11%, but iPhone escapes economic slump

“Apple profit drops 11%, but iPhone escapes economic slump” Apple on Thursday reported profit and sales that beat Wall Street expectations, navigating parts shortages better than predicted and benefiting from unceasing demand for iPhones even as inflation has consumers tightening other spending. Apple said sales and profit for the quarter ended June 25 were $83 billion and $1.20 per share, above estimates of $82.8 billion…

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#Steve Jobs’ Apple computer prototype hits auction block

#Steve Jobs’ Apple computer prototype hits auction block

“Steve Jobs’ Apple computer prototype hits auction block” Apple fanatics with deep pockets can secure a piece of history in the form of Steve Jobs’ original prototype for the company’s first-ever computer. RR Auction is taking bids on Jobs’ original design for the “Apple 1” computer – the same prototype that “resulted in Apple Computer’s…

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#Paul Pelosi buys tech chip stocks before big subsidy vote

#Paul Pelosi buys tech chip stocks before big subsidy vote

“Paul Pelosi buys tech chip stocks before big subsidy vote” House Speaker Nancy Pelosi’s husband purchased up to $5 million in stock options on a computer-chip company ahead of a vote on legislation next week that would deliver billions of dollars in subsidies to boost the chip-manufacturing industry, new financial disclosures show. Paul Pelosi purchased…

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