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5 reasons to ignore Apple’s rare revenue dip

May 5, 2023
Source: cultofmac.com cultofmac.com
News Snapshot:
Perhaps the best phrase to describe the results of Apple’s most recent financial quarter is, “It could have been worse.” Total revenue dropped 3% as the company battled inflation and other macroeconomic problems not of its making. Still, Apple’s quarterly numbers beat the overly pessimistic Wall Street estimates. And there is more good news buried in the results Apple reported Thursday (and in the company’s earnings call with investors). Read on for five reasons to be optimistic about Apple’s future. 1. iPhone sales set March-quarter revenue record While services revenue and fast-growing emerging markets were bright spots on the call,...
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