Apple Profit Nearly Doubles as COVID-19 Lockdowns Eased
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 (roughly Rs. 1,61,588 crores) on growth in iPhone sales and its increasingly important digital services. Revenue surged 36 percent from a … Read more