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Apple updated its "risk factors" section in its latest 10-K filing. The tech giant warned about future product profitability and risks related to "geopolitical tensions" and AI features.
2021 31 December 2021 $76.0 [9] $85.49 11 Apple Consumer electronics United States: 2018 30 September 2018 $59.53 [10] $72.23 12 Microsoft: Information technology United States: 2021 30 June 2021 $61.27 [11] $68.89 13: Apple: Consumer electronics United States: 2015: 26 September 2015: $53.4 [12] [13] $68.64 14 Apple Consumer electronics United ...
Apple's largest acquisition was that of Beats Electronics in August 2014 for $3 billion. [7] Of the companies Apple has acquired, 71 were based in the United States. In early-May 2019, Apple CEO Tim Cook said to CNBC that Apple acquires a company every two to three weeks on average, having acquired 20 to 25 companies in the past six months alone.
All data in the table is taken from the Fortune Global 500 list of technology sector companies for 2023 [2] unless otherwise specified. As of 2023, Fortune lists Amazon (revenue of $513.98 billion), Jingdong ($155.53 billion), and Alibaba ($126.81 billion) in the retailing sector rather than the technology sector. [3]
Apple on Thursday posted first-quarter revenue of $90.8 billion, ... 2023. - Kevin Frayer/Getty Images/File ... This marks the first earnings report since the launch of its biggest new product in ...
An Apple event was held on September 12, 2023, with the tagline "Wonderlust". It took place online with an in-person experience at Apple Park on September 12, 2023, at 10 a.m. PT. Apple announced Apple Watch Series 9, Apple Watch Series Ultra 2, iPhone 15, iPhone 15 Plus, iPhone 15 Pro, and iPhone 15 Pro Max.
PEN America, a free speech advocacy group, found that book bans nearly tripled during the 2023-2024 academic year with over 10,000 books banned in public schools.
In May 2023, Apple reported a decline in its sales for the first quarter of 2023. Compared to that of 2022, revenue for 2023 fell by 3%. This is Apple's second consecutive quarter of sales decline. This fall is attributed to the slowing economy and consumers putting off purchases of iPads and computers due to increased pricing.