#Apple unveils new iPhone and iPad models

#Apple unveils new iPhone and iPad models

“Apple unveils new iPhone and iPad models” Apple revealed new iPhone, iPad and Mac models on Tuesday during its first major event of 2022.  The new version of the lower-cost iPhone SE, which comes with a smaller display than Apple’s higher-end iPhone 13, will feature 5G capabilities, a more powerful chip called the A15 and…

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#Apple reports record 4B in quarterly revenue

#Apple reports record $124B in quarterly revenue

“#Apple reports record $124B in quarterly revenue” Apple said it reaped a record $124 billion in revenue in its fiscal first quarter — an 11% increase from last year which was fueled by strong holiday sales, particularly of its Mac computers. The iPhone maker says it turned a profit of $34.6 billion in the months…

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#Apple stock falls over chip shortage despite strong earnings

#Apple stock falls over chip shortage despite strong earnings

“#Apple stock falls over chip shortage despite strong earnings” Apple knocked investors’ expectations out of the park with a strong second quarter earnings report Tuesday evening — but the company’s stock fell sharply on Wednesday morning as the company warned that supply constraints will hurt future sales. Apple shares were trading down about 2.8 percent…

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