Apple posts stronger-than-expected revenue in first earnings report for new CEO John Ternus
Result for the company, which earned $30.71bn and exceeded analysts’ expectations, bucked downward trend for tech firms Apple Inc posted stronger-than-expected revenue in the fiscal third quarter, giving John Ternus, the new CEO, an upbeat start to his tenure, which began in September.
The solid results bucked a downward trend for tech giants this quarter, as companies including Alphabet, Amazon and Intel had disappointing quarterly results.
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