Home » Economy » How Apple Surprised the Market with 2% Increase in Year-on-Year Turnover

How Apple Surprised the Market with 2% Increase in Year-on-Year Turnover

by Alexandra Hartman Editor-in-Chief

2024-02-01 21:55:51

By Le Figaro with AFP

Published yesterday at 10:55 p.m., Updated yesterday at 10:56 p.m.

Apple’s turnover is up 2% year-on-year. SPENCER PLATT / AFP

The American brand did much better than expected, surprising the market which was worried regarding its sales.

Apple returned to growth in the fourth quarter of 2023, following four consecutive declines in its turnover, and did much better than expected, surprising the market which was worried regarding its sales.

Revenue reached $119.6 billion, up 2% year-on-year, while analysts expected $117.9 billion, according to a consensus established by FactSet.

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