Apple sees file quarterly earnings regardless of sluggish iPhone gross sales, companies preserve numbers excessive – Firstpost

Apple sees file quarterly earnings regardless of sluggish iPhone gross sales, companies preserve numbers excessive – Firstpost

As traditional, the vacation season and iPhone launches performed a pivotal position in driving these robust numbers. Within the first quarter, iPhone income stood at $69.1 billion, a slight dip from $69.7 billion in Q1 2024. Total, Apple’s income went to $124.3 billion from $119.58 billion this quarter learn extra Apple has revealed its monetary…

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Apple’s new CFO Kevan Parekh disputes 75% App Retailer revenue as claimed in UK trial – Firstpost

Apple’s new CFO Kevan Parekh disputes 75% App Retailer revenue as claimed in UK trial – Firstpost

Kevan Parekh instantly challenged the 75 per cent revenue margin declare introduced by the prosecution. This determine was based mostly on proof from the same US case, however Parekh testified that calculating such a excessive revenue margin was not “inaccurate” learn extra Apple’s Chief Monetary Officer, Kevan Parekh, has not too long ago disputed claims…

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