Apple Reports Strong Q4 Revenue Under New CEO John Ternus
Apple Inc. reported stronger-than-expected revenue in fiscal Q4, marking a positive start for new CEO John Ternus since September. The company earned $30.71 billion, or $2.10 per share, a 12% increase from last year. Revenue rose 12% to $114.5 billion, surpassing analyst expectations. Strong iPhone sales and growth in China helped Apple defy a tech sector downturn seen in rivals like Alphabet and Amazon.
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