Apple posted better-than-expected profit and revenue in the latest quarter but said sales dropped for the fourth straight quarter, including a drop in revenue for iPads and iMacs.
Share:
More In Business
Stocks Jump After Latest Inflation Data
Stocks jumped after the latest consumer price index report showed inflation cooled last month.
Stellantis Offering Buyouts to 6,400 Non-Union Workers
Stellantis Offering Buyouts to 6,400 Non-Union Workers
Exxon Mobil Is Drilling for Lithium in Arkansas and Expects to Begin Production by 2027
Exxon Mobil on Monday announced it's drilling for lithium in southern Arkansas, with the oil giant expected to begin production of the critical material for electric vehicles by 2027.
McDonald's and Crocs Partnering on New Footwear
McDonald's and Crocs Partnering on New Footwear
Tesla Issues Rules on Reselling Its New Cybertruck
Tesla Issues Rules on Reselling Its New Cybertruck
Stretching Your Dollar: Best Places to Retire
Best Places to Retire
Hyundai Joins Honda and Toyota in Raising Wages After Auto Union Wins Gains in Deals With Detroit 3
Hyundai said Monday it will raise factory worker pay 25% by 2028, matching the general wage increase won by the UAW during that period.
October CPI Data Will See Changes in Health Insurance Costs
Ahead of the release of October's consumer inflation data Tuesday, you may notice changes from the Bureau of Labor Statistics. When it comes to how it estimates health insurance costs, the move is expected to give a boost to the U.S. inflation measure which will reverse a trend that has provided some relief.
Emirates Airline Places $52B Order for Boeing Aircraft
Emirates has placed a $52 billion order for additional Boeing aircraft.
