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Apple reported a record quarter with strong iPhone demand but faces near-term risks from tight supply and rising memory costs, limiting stock gains despite strong sales and growth.
Apple posted record quarterly revenue and net income driven by strong iPhone sales and a China market rebound. Despite a solid beat and optimistic guidance, shares remain muted due to rising costs an…
Apple reported a record quarter with sales, iPhone and Services revenue, and EPS; free cash flow hit $24.4B and forecasts show earnings +9% and revenue +5%, underscoring strong financials and long-te…