Apple sold slightly fewer iPhones than expected, but Tim Cook says the economy isn't yet affecting sales - bucking the Big Tech bad-news trend

Apple CEO Tim Cook.Stephen Lam/Reuters
Apple CEO Tim Cook.Stephen Lam/Reuters  

  • Apple proved not all tech companies are created equal.

  • The company beat quarterly earnings and revenue expectations, unlike Amazon, Meta, and Alphabet.

  • iPhone sales were one weak spot. Apple sold fewer iPhones than Wall Street expected.

Apple sold slightly fewer iPhones than expected, but overall the company proved that not all tech companies are created equally during the current economic slowdown.

Apple beat Wall Street's expectations for earnings and revenue, unlike big tech companies Meta, Alphabet, and Amazon, which all plunged on disappointing quarterly results.

One weak spot: iPhone sales. The company reported that it sold $42.6 billion worth of iPhones for its 4th quarter, less than the $43.4 billion that Apple watchers were expecting.

However, CEO Tim Cook said demand was not to blame.

"Customer demand was strong and better than we expected would anticipate it to be," he said on Apple's quarterly earnings call.

Cook attributed the lag in iPhone sales partly to supply chain issues.

"In terms of the iPhone 14 Pro and the 14 Pro Max, it's still very early, but since the beginning, we've been constrained... and we continue to be constrained today, so we're working very hard to fulfill the demand," he said.

Apple's stronger-than-expected quarterly results may be a bright spot for investors amid an economic slowdown.

"Our record September quarter results continue to demonstrate our ability to execute effectively in spite of a challenging and volatile macroeconomic backdrop," said Luca Maestri, Apple's CFO, in the company's quarterly earnings release.

Shares of Apple were up nearly 1% in recent after-hours trading.

COMMENTS

More Related News

Labor officials found that Apple execs infringed on workers
Labor officials found that Apple execs infringed on workers' rights

The National Labor Relations Board (NLRB) found merit to complaints that high-level executives at Apple violated national labor law. This finding comes...

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply

Comments

  • Oranvn
    (2022-11-04 09:09:06Z)

    order calcitriol 0.25mg online cheap brand calcitriol calcitriol 0.25 mg cheap

    REPLY
  • Mnrtqb
    (2022-11-04 23:51:54Z)

    calcitriol 0.25 mg over the counter order calcitriol 0.25mg online cheap rocaltrol 0.25 mg oral

    REPLY
  • Yiaziv
    (2022-11-08 16:57:22Z)

    order zithromax 500mg generic buy neurontin 100mg online cheap oral neurontin 600mg

    REPLY
  • Pzmtum
    (2022-11-09 20:02:15Z)

    purchase lasix pills buy furosemide 20 mg ivermectin 6mg tablets for humans

    REPLY
  • Nznqfr
    (2022-11-10 22:59:01Z)

    hydroxychloroquine 400mg drug order plaquenil 400mg for sale stromectol tablets for humans for sale

    REPLY
  • Upgfoz
    (2022-11-12 06:05:27Z)

    lipitor 40mg canada lipitor 10mg brand sildenafil 20 mg

    REPLY
  • Ufjtor
    (2022-11-13 08:46:25Z)

    lisinopril 2.5mg oral buy norvasc 5mg generic order cialis 20mg for sale

    REPLY
  • Pznpin
    (2022-11-14 11:41:58Z)

    buy generic lopressor 50mg oral vardenafil 10mg medrol medicine

    REPLY
  • Xdndar
    (2022-11-15 15:25:37Z)

    order clomid 100mg generic cheap clomiphene 50mg buy pregabalin generic

    REPLY
  • Rucmlq
    (2022-11-16 21:36:28Z)

    aristocort 4mg pill dapoxetine 30mg brand priligy cost

    REPLY
  • Nqakdx
    (2022-11-18 13:26:45Z)

    misoprostol 200mcg cost cheap synthroid purchase levothyroxine pill

    REPLY
  • Fzgzhj
    (2022-11-20 12:30:32Z)

    order acyclovir without prescription acyclovir medication buy zyloprim 300mg pills

    REPLY
  • Gmtnai
    (2022-11-22 10:30:24Z)

    generic crestor 20mg zetia 10mg usa brand tetracycline 500mg

    REPLY
  • Trpnpg
    (2022-11-24 06:25:46Z)

    order ozobax generic viagra 25mg for sale buy sildenafil 100mg online

    REPLY
  • Rygstg
    (2022-11-26 14:25:23Z)

    cialis canada buy cialis 20mg without prescription toradol online order

    REPLY
  • Uzccsj
    (2022-11-28 21:49:49Z)

    colchicine 0.5mg us order plavix 75mg without prescription buy methotrexate sale

    REPLY
  • Xpefmh
    (2022-12-01 13:07:32Z)

    losartan 50mg drug imitrex 50mg cheap sumatriptan tablet

    REPLY
  • Lwpvem
    (2022-12-02 00:52:12Z)

    avodart online order tamsulosin generic purchase zofran pills

    REPLY
  • Fahnrt
    (2022-12-03 08:17:49Z)

    order aldactone 100mg for sale order spironolactone 100mg sale fluconazole over the counter

    REPLY
  • Pctcbt
    (2022-12-04 16:04:14Z)

    ampicillin buy online bactrim 960mg ca erythromycin 250mg canada

    REPLY
  • Ekazbo
    (2022-12-05 23:32:29Z)

    order sildenafil generic oral bimatoprost robaxin for sale

    REPLY
  • Gdvpce
    (2022-12-07 06:29:45Z)

    purchase suhagra sildenafil dosage estradiol online

    REPLY
  • Dlteak
    (2022-12-08 13:13:10Z)

    lamotrigine cheap buy tretinoin generic retin gel price

    REPLY
  • Wpmmha
    (2022-12-09 18:35:35Z)

    buy tadalafil 20mg for sale order tadalis 20mg online voltaren 50mg for sale

    REPLY
  • Ylegsw
    (2022-12-10 17:01:38Z)

    order accutane 20mg generic buy zithromax 250mg buy azithromycin sale

    REPLY
  • Vdijfu
    (2022-12-10 23:37:25Z)

    purchase indomethacin for sale buy trimox 250mg for sale order trimox 500mg sale

    REPLY
  • Dbkyrl
    (2022-12-11 23:40:50Z)

    tadalafil otc buy branded cialis sildenafil overnight delivery

    REPLY
  • Xtzkxv
    (2022-12-12 10:54:04Z)

    buy arimidex 1 mg for sale where to buy viagra in kuala lumpur buy sildenafil generic

    REPLY
  • Kjlimw
    (2022-12-13 12:27:31Z)

    cialis 20mg en ligne cialis en france viagra sans ordonnance

    REPLY
  • Nupoph
    (2022-12-13 14:52:14Z)

    prednisone over the counter order sildenafil for sale order generic viagra 50mg

    REPLY
  • Ldnsyr
    (2022-12-15 02:19:06Z)

    tadalafil 5mg kaufen ohne rezept sildenafil 200mg kaufen ohne rezept viagra 100mg fГјr frauen

    REPLY
  • Bfswvj
    (2022-12-15 15:11:58Z)

    accutane 40mg oral isotretinoin 40mg us ivermectin 50

    REPLY
  • Fdexbq
    (2022-12-16 05:54:46Z)

    modafinil online Get cialis buy acetazolamide 250 mg generic

    REPLY
  • Cldzqo
    (2022-12-16 18:31:09Z)

    buy doxycycline pills buy furosemide pill buy generic furosemide 40mg

    REPLY
  • Ckycxy
    (2022-12-17 02:58:35Z)

    ramipril ca purchase clobetasol online cheap azelastine 10ml canada

    REPLY
  • Ixosnj
    (2022-12-17 21:32:21Z)

    purchase clonidine generic tiotropium bromide 9mcg pill order spiriva 9 mcg sale

    REPLY
  • Nxlchz
    (2022-12-18 06:46:36Z)

    buy buspirone sale order cordarone 200mg generic oxybutynin over the counter

    REPLY
  • Peqnww
    (2022-12-19 01:10:27Z)

    buy hytrin pills buy terazosin sale oral azulfidine 500 mg

    REPLY
  • Sjtfki
    (2022-12-19 11:19:01Z)

    fosamax pill ibuprofen us purchase pepcid online cheap

    REPLY
  • Cdlspp
    (2022-12-20 05:14:34Z)

    order olmesartan sale acetazolamide cheap acetazolamide 250 mg without prescription

    REPLY
  • Qohwfs
    (2022-12-20 16:17:11Z)

    order generic prograf 5mg buy ursodiol 300mg for sale ursodiol 150mg over the counter

    REPLY
  • Obidfk
    (2022-12-21 09:21:09Z)

    isosorbide us order lanoxin 2250 mg sale order micardis 20mg pills

    REPLY
  • Swaabq
    (2022-12-21 21:03:38Z)

    zyban 150 mg price cetirizine 5mg sale quetiapine us

    REPLY
  • Ikiham
    (2022-12-22 18:26:24Z)

    order molnunat 200 mg without prescription molnunat 200 mg drug order lansoprazole 15mg for sale

    REPLY
  • Njhwxy
    (2022-12-23 07:01:45Z)

    sertraline pills buy kamagra 100mg generic purchase sildenafil for sale

    REPLY
  • Arqkhe
    (2022-12-24 11:33:28Z)

    tadalafil 20mg order cialis 5mg pills real viagra

    REPLY
  • Bgdjky
    (2022-12-25 00:11:26Z)

    cialis from canada cheap tadalafil sale symmetrel brand

    REPLY
  • Brxjhv
    (2022-12-25 15:41:33Z)

    naltrexone online order albendazole 400mg cheap order generic abilify

    REPLY
  • Wuwuon
    (2022-12-26 03:44:49Z)

    avlosulfon generic purchase fexofenadine sale perindopril generic

    REPLY
  • Jkddnq
    (2022-12-26 20:10:24Z)

    provera 5mg over the counter buy medroxyprogesterone online brand periactin

    REPLY
  • Pxwnlb
    (2022-12-27 17:02:39Z)

    order provigil 100mg generic stromectol 3mg generic ivermectin 3mg pill

    REPLY
  • Pmmpju
    (2022-12-28 00:07:09Z)

    buy luvox 100mg generic glucotrol 5mg sale glucotrol 5mg pills

    REPLY
  • Toodgh
    (2022-12-28 22:01:09Z)

    accutane oral order deltasone 20mg generic prednisone 10mg pill

    REPLY
  • Njcjzn
    (2022-12-29 12:52:52Z)

    nootropil 800mg cost purchase nootropil sale order viagra 100mg online cheap

    REPLY
  • Hqpcpb
    (2022-12-30 01:41:57Z)

    azithromycin 500mg pill generic prednisolone neurontin 100mg sale

    REPLY
  • Ivngmi
    (2022-12-30 16:44:38Z)

    order tadalafil 40mg cialis 40mg uk buy generic sildenafil 50mg

    REPLY
  • Qlvheg
    (2022-12-31 05:46:06Z)

    lasix 100mg uk order generic lasix brand hydroxychloroquine 200mg

    REPLY
  • Qneevz
    (2022-12-31 20:09:31Z)

    cialis pharmacy betamethasone 20 gm for sale clomipramine sale

    REPLY
  • Ggztlr
    (2023-01-01 09:06:54Z)

    aralen canada olumiant 4mg generic order olumiant 4mg

    REPLY
  • Gkxkbu
    (2023-01-02 00:43:44Z)

    sporanox 100mg generic buy progesterone 200mg generic order generic tindamax 500mg

    REPLY
  • Dofldm
    (2023-01-02 12:42:10Z)

    order glycomet 500mg generic order atorvastatin 40mg online cheap tadalafil 20mg pill

    REPLY
  • Eastud
    (2023-01-03 04:43:01Z)

    olanzapine usa order olanzapine 10mg generic diovan 80mg ca

    REPLY
  • Efoxye
    (2023-01-03 17:05:27Z)

    cost amlodipine 10mg buy tadalafil 40mg pill buy tadalafil online

    REPLY
  • Mmyniq
    (2023-01-04 08:38:30Z)

    order clozapine generic buy dexamethasone 0,5 mg online cheap purchase dexamethasone generic

    REPLY
  • Jnupso
    (2023-01-04 21:27:50Z)

    purchase viagra for sale lisinopril for sale lisinopril online order

    REPLY
  • Utpzzm
    (2023-01-05 12:34:04Z)

    zyvox cheap buy zyvox without prescription play blackjack

    REPLY
  • Uaqzox
    (2023-01-06 01:37:55Z)

    order prilosec 20mg pill order prilosec 20mg pill real casino slots online

    REPLY
  • Yqmrmc
    (2023-01-07 05:23:00Z)

    buy lopressor 100mg cost metoprolol 50mg buy levitra 20mg sale

    REPLY
  • Hcraoz
    (2023-01-08 05:55:11Z)

    cheap custom essays write me a paper blackjack card game

    REPLY
  • Aodzed
    (2023-01-08 18:13:59Z)

    purchase vardenafil online cheap methylprednisolone online medrol medication

    REPLY
  • Klpzzi
    (2023-01-09 11:12:35Z)

    websites to write essays cheap sildenafil pill order viagra pill

    REPLY
  • Bfygga
    (2023-01-10 00:17:34Z)

    order generic clomiphene 100mg buy clomiphene 50mg online cheap free blackjack online

    REPLY
  • Pxfivt
    (2023-01-11 02:20:16Z)

    purchase tadalafil pill cialis 40mg tablet canadian viagra and healthcare

    REPLY
  • Gvwrja
    (2023-01-11 06:02:22Z)

    aristocort online order order aristocort 10mg desloratadine 5mg oral

    REPLY
  • Vzvmmn
    (2023-01-12 11:20:46Z)

    order dapoxetine 30mg sale order misoprostol 200mcg without prescription purchase synthroid pill

    REPLY
  • Ftcfwa
    (2023-01-13 17:11:20Z)

    order orlistat pills order xenical online cheap order zovirax 400mg generic

    REPLY
  • Kqaykt
    (2023-01-13 17:38:19Z)

    cialis australia clopidogrel oral plavix 150mg ca

    REPLY
  • Jbgltk
    (2023-01-14 21:30:31Z)

    allopurinol 300mg us allopurinol 100mg canada ezetimibe brand

    REPLY
  • Wprylb
    (2023-01-15 11:25:33Z)

    buy methotrexate 5mg pills coumadin oral metoclopramide price

    REPLY
  • Eyqbgs
    (2023-01-16 02:09:42Z)

    buy motilium 10mg for sale order motilium flexeril 15mg brand

    REPLY
  • Roknik
    (2023-01-16 16:03:09Z)

    losartan 50mg usa losartan 50mg over the counter buy generic topiramate

    REPLY
  • Ggpsiy
    (2023-01-17 06:34:27Z)

    ozobax medication order baclofen 25mg without prescription toradol usa

    REPLY
  • Aaecrv
    (2023-01-17 20:36:39Z)

    cost sumatriptan buy generic sumatriptan 50mg buy avodart for sale

    REPLY
  • Hxgwcx
    (2023-01-19 01:24:29Z)

    zantac generic purchase ranitidine online buy celebrex for sale

    REPLY
  • Tpqalb
    (2023-01-19 16:56:08Z)

    online blackjack live dealer free slot games no download blackjack games

    REPLY
  • Vlcuaj
    (2023-01-20 06:25:14Z)

    buy tamsulosin 0.2mg online cheap buy generic aldactone aldactone brand

    REPLY
  • Crkooc
    (2023-01-21 01:25:17Z)

    cialis 40mg usa order ampicillin 250mg generic buy ciprofloxacin online

    REPLY
  • Zelcco
    (2023-01-22 02:57:20Z)

    buy zocor 20mg without prescription finasteride sale purchase propecia online cheap

    REPLY
  • Swkegu
    (2023-01-22 11:40:20Z)

    order metronidazole 400mg pill trimethoprim us bactrim order

    REPLY
  • Sbnfpb
    (2023-01-23 07:22:31Z)

    diflucan 100mg for sale viagra pills overnight viagra delivery

    REPLY
  • Emrrhm
    (2023-01-23 16:34:24Z)

    keflex 125mg over the counter erythromycin canada order erythromycin 250mg online cheap

    REPLY
  • Aizvww
    (2023-01-25 14:42:44Z)

    purchase ceftin pills cefuroxime 250mg sale buy robaxin without prescription

    REPLY
  • Byennt
    (2023-01-26 00:33:59Z)

    poker online free order tadalafil 40mg for sale tadalafil 20mg pill

    REPLY
  • Swjgtv
    (2023-01-27 00:10:54Z)

    desyrel oral purchase aurogra for sale aurogra 50mg uk

    REPLY
  • Xtnzzz
    (2023-01-27 17:45:08Z)

    cheap essay writing academic writing terms stromectol 6mg online

    REPLY
  • Jnyzet
    (2023-01-28 04:42:25Z)

    order sildalis sale lamictal 50mg ca order lamictal 50mg sale

    REPLY
  • Zegeku
    (2023-01-29 03:17:37Z)

    order deltasone 10mg for sale order amoxil 250mg sale buy amoxicillin

    REPLY
  • Yqstku
    (2023-01-29 09:40:51Z)

    buy sildenafil 100mg without prescription sildenafil 50mg price generic cialis 10mg

    REPLY
  • Xwmcpp
    (2023-01-30 15:45:45Z)

    order zithromax online buy prednisolone 10mg sale neurontin 800mg canada

    REPLY
  • Cscgkh
    (2023-01-30 16:36:29Z)

    world poker online roulette wheel online cialis 10mg brand

    REPLY

Top News: Economy

© Copyright Daily Magazine