Apple announced on Monday that revenue for the third quarter increased 12% year over year to 114.5 billion US dollars; the forecast was 113.5 billion US dollars. The revenue growth guide range previously given by Apple was 9% to 11%. This growth rate is lower than the 16% increase in the June quarter. After the earnings report was released, Apple's stock price fell 1% after the market. Ternus became CEO on September 1 and took up his new job in the last month of Apple's fourth quarter. During his tenure, he hosted the launch of the folding-screen iPhone Duo, the touchscreen MacBook Pro, and the HomeView smart home hub, but all of these products will not officially go on sale until the current quarter.
Zhitongcaijing · 2d ago
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Apple announced on Monday that revenue for the third quarter increased 12% year over year to 114.5 billion US dollars; the forecast was 113.5 billion US dollars. The revenue growth guide range previously given by Apple was 9% to 11%. This growth rate is lower than the 16% increase in the June quarter. After the earnings report was released, Apple's stock price fell 1% after the market. Ternus became CEO on September 1 and took up his new job in the last month of Apple's fourth quarter. During his tenure, he hosted the launch of the folding-screen iPhone Duo, the touchscreen MacBook Pro, and the HomeView smart home hub, but all of these products will not officially go on sale until the current quarter.
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