Apple Profit Up 12% on Strong iPhone Sales, Warns on Memory Chip Costs
Published 7 h ago5 sourcesEvidence: Reported
Apple reported Q4 revenue of $114.48 billion, exceeding expectations despite rising memory chip costs. The beat suggests resilient demand and pricing power, though margin pressure from input costs remains a watch item. This is a positive earnings surprise for a mega-cap tech leader, likely supporting risk sentiment.
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