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Dubai News Club > Tech > Apple reports another record quarter but shows signs of lukewarm iPhone 14 demand
Tech

Apple reports another record quarter but shows signs of lukewarm iPhone 14 demand

Press Room
Last updated: 2022/10/27
Press Room
Published: October 27, 2022
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Apple reported its fiscal fourth quarter earnings on Thursday, tallying $90.1 billion in revenue and earnings per share of $1.29 — both above Wall Street expectations — in a period when other tech giants aren’t faring so well. Practically all of Apple’s divisions, including iPhone, Mac, services, and wearables, were up year over year, with the exception of the iPad. But despite YOY growth, iPhone revenue came in beneath estimates.

There’s been conjecture among analysts and other…

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