Apple closes in on $1trn market cap as it posts record third-quarter earnings

clock • 2 min read

Revenues weigh-in at $53.3bn as punters scoop-up iPhone Xs and Apple Watches

Apple has reported record third-quarter revenues, weighing in at $53.3 billion and up by 17 per cent on the same period a year earlier. Net income was up by 32 per cent to $11.5 billion. The res...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
EU backtracks on Apple and Microsoft 'gatekeeper' designation

Legislation and Regulation

Edge and iMessage will no longer be subject to DMA rules

clock 15 February 2024 • 1 min read
Tech giants make big revenue waves: Meta and Amazon reach new highs while Apple faces setback

Finance and Reporting

Meta's market capitalisation skyrocketed to $1.16 trillion

clock 05 February 2024 • 3 min read
Apple concern over potential government veto on privacy tools

Legislation and Regulation

Changes to Investigatory Powers Act constitute “unprecedented overreach”

clock 30 January 2024 • 2 min read
Most read
01

Microsoft announces critical zero-day Exchange bug

16 February 2024 • 1 min read
02

Cabinet Office terminates £9m Microsoft deal

16 February 2024 • 2 min read
03

Southern Water confirms customer data breach

14 February 2024 • 2 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Hardware

 Researchers create autonomous drones that chat like people and grab with hands

Researchers create autonomous drones that chat like people and grab with hands

Capable of 'thinking, entity control and environmental awareness'

Mark Ballard
clock 07 November 2023 • 3 min read
IT leaders must be hands-off helicopter parents

IT leaders must be hands-off helicopter parents

CIO panel agrees: Employees want IT to do everything, but they don't want to see it

Tom Allen
clock 14 September 2023 • 3 min read
Asian Tech Roundup: India's lunar triumph

Asian Tech Roundup: India's lunar triumph

Plus, China's digital funeral plans

Tom Allen
clock 25 August 2023 • 2 min read