The company's gross margin was 50.1%, including a favourable impact of approximately 2% points from tariff refunds
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The company's gross margin was 50.1%, including a favourable impact of approximately 2% points from tariff refunds
Apple reported an all-time high revenue of $ 109.4 billion for the June quarter, marking a notable surge in emerging markets, particularly in India. While iPhone and Mac sales flourished, iPad numbers took a dip. Nonetheless, the tech giant alerted stakeholders about looming challenges including rising memory chip costs and potential supply chain issues, forecasting these factors to affect future earnings.
