Apple now has $162 billion in cash on hand, slightly less than last quarter
Publishing timestamp: 2023-11-02 17:21:22
Summary
Apple's cash on hand has decreased to $162.1 billion in its fiscal fourth quarter, compared to $166.5 billion in the previous quarter. Analysts expected a decline in revenue for the fourth consecutive quarter, but Apple reported $89.50 billion in revenue and $1.46 in earnings per share. The September quarter includes a week of iPhone 15 sales and back-to-school spending on laptops and tablets.
Sentiment: NEUTRAL
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Keywords: technology, business news, apple inc, ipad, internet, iphone, breaking news: technology, enterprise, earnings,