Thursday, October 29, 2020

Late iPhone Launch Temporarily Wiped $100 Billion Off Apple's Stock Value

The late launch of new 5G phones caused Apple Inc's customers to put off buying new devices, leading the company on Thursday to report the steepest quarterly drop in iPhone sales in two years.

No comments:

Post a Comment

Amazon Market Value Crosses $3 Trillion For First Time As Shares Rise 5%

Amazon posted quarterly profits of more than $62 billion thanks to huge increases in two artificial intelligence-related divisions: AI cloud...