Resilient iPhone demand helps Apple beat Wall Street expectations

iPhone demand helps Apple beat Wall Street expectations

iPhone demand will Apple Inc sold more iPhones than Wall Street expected in the latest quarter, helping it weather a slowdown in sales of its top-of-the-line models and quarterly revenue growth of its services business.

iphone demand

1. ‘Bad news is good news: Global economy poised for the strongest growth in a decade: A survey of central banks showed the global economy is poised for its strongest growth since the last decade, despite soaring inflationary pressures due to a recovery in global demand.

iPhone demand helps Apple beat Wall Street expectations

2. S&P 500, Nasdaq close at records as bond yields move lower: The S&P 500 and benchmark index Nasdaq Composite closed at record highs on Wednesday as bond yields eased and investors assessed a batch of corporate earnings reports.

3. Bitcoin hits $50,000: Crypto market cap now at $1.5 trillion: Bitcoin surged to a new record high of $50,000 on Wednesday, extending its rally in the new year by gaining almost 50% in value in just over a month. The surge in bitcoin has also lifted the total value of the cryptocurrency market to a new record high of $1.5 trillion.

iPhone Demand earnings can be summed up in one word

4. Gold prices fall as Treasury yields rise, global virus cases rise: Gold prices fell on Wednesday as a rally in U.S. Treasury yields and positive economic data lifted the dollar and risk sentiment.

5. US STOCKS-S&P 500, Nasdaq close at records as bond yields move lower: The S&P 500 and benchmark index Nasdaq Composite closed at record highs on Wednesday as bond yields eased and investors assessed a batch of corporate earnings reports.

6. Gold prices fall as Treasury yields rise, global virus cases rise: Gold prices fell on Wednesday as a rally in U.S. Treasury yields and positive economic data lifted the dollar and risk sentiment.

7. US STOCKS-S&P 500, Nasdaq close at records as bond yields move lower: The S&P 500 and benchmark index Nasdaq Composite closed at record highs on Wednesday as bond yields eased and investors assessed a batch of corporate earnings reports. More details apple official site at www.apple.com

8. Gold prices fall as Treasury yields rise, global virus cases rise: Gold prices fell on Wednesday as a rally in U.S. Treasury yields and positive economic data lifted the dollar and risk sentiment.

9. US STOCKSS&P 500, Nasdaq close at records as bond yields move lower: The S&P 500 and benchmark index Nasdaq Composite closed at record highs on Wednesday as bond yields eased and investors assessed a batch of corporate earnings reports.

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