Apple Reports Record Services Revenue as Hardware Sales Disappoint
Apple's quarterly earnings beat estimates on services but missed on iPhone sales, raising questions about the company's hardware refresh cycle.
Apple's quarterly earnings beat estimates on services but missed on iPhone sales, raising questions about the company's hardware refresh cycle.
Apple's quarterly earnings beat estimates on services but missed on iPhone sales, raising questions about the company's hardware refresh cycle.
Cloud revenue jumped 33% year-over-year, driven by Copilot integrations and Azure OpenAI services, outpacing analyst expectations.
Cloud revenue jumped 33% year-over-year, driven by Copilot integrations and Azure OpenAI services, outpacing analyst expectations.
The EV maker reversed a three-quarter trend of margin compression, citing lower input costs and improved factory efficiency at its Texas gigafactory.
The EV maker reversed a three-quarter trend of margin compression, citing lower input costs and improved factory efficiency at its Texas gigafactory.
The $5 billion investment represents AWS's largest infrastructure commitment in the Middle East and follows cloud deals with Saudi Aramco.
The $5 billion investment represents AWS's largest infrastructure commitment in the Middle East and follows cloud deals with Saudi Aramco.