Profit

Apple Q3 Earnings Slip, But Earnings Beat Analysts’ Forecast | app

BERKELEY, Calif. (AP) — Apple’s profits tumbled last quarter, but the world’s largest tech company fared better than many of its peers.

Despite manufacturing headaches and inflationary pressures that have plagued a wide range of businesses, Apple’s profits fell 10% while revenue edged up 2%. Both figures were better than analysts had expected.

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