Apple profit nearly doubles as lockdowns eased

Energy Daily

Published

San Francisco (AFP) July 27, 2021

Apple said Tuesday its profit in the just-ended quarter nearly doubled amid improving consumer spending and a "growing sense of optimism" as pandemic lockdowns eased. The California tech giant's profit rose to $21.7 billion on growth in iPhone sales and its increasingly important digital services. Revenue surged 36 percent from a year ago to $81.4 billion, the best ever for the tech tita

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