2024-02-02 06:06:55
Apple’s turnover is up 2% year-on-year. SPENCER PLATT / AFP
ANALYSE – After four humiliating quarters of decline in sales, Apple returned to growth during the last quarter of 2023. However, there are many concerns about the slowdown in its performance.
A Californian giant has just ceded the position of largest capitalization in the United States to Microsoft. Now valued at less than $3,000 billion, Apple had to once again show an increase in its turnover from October to December. This quarter is still the strongest for Apple due to holiday shopping. Apple’s colossal quarterly revenue climbs 2.1% to almost $120 billion. For comparison, this amount remains twice as high as that of Microsoft. At the same time, the net profits of the legendary company from Cupertino (California) climbed 13% and reached $34 billion.
The performance is certainly more than honorable. Analysts’ expectations are even exceeded. However, here again, in the eyes of Wall Street the comparison with Microsoft is increasingly vexing. Quarterly profits up 33%, which almost reached $22 billion…
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