Apple Earnings Fueled by Strong iPhone 12 Demand

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  • Bloomberg Technology published this video item, entitled “Apple Earnings Fueled by Strong iPhone 12 Demand” – below is their description.

    Jan.27 — Apple Inc. reported quarterly revenue that topped $100 billion for the first time, fueled by strong holiday sales of the iPhone 12. Bloomberg Intelligence’s Anand Srinivasan has more on “Bloomberg Markets: What’d You Miss?”

    Bloomberg Technology YouTube Channel

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    In This Story: Apple Inc

    Apple Inc. is an American multinational technology company headquartered in Cupertino, California. It is considered one of the Big Tech technology companies, alongside Amazon, Google, Microsoft, and Facebook.

    Well known products and services from the brand include the iPad tablet computer, AirPods wireless earbuds, iOS, iTunes, the Safari web browser, Apple Music, iCloud and Apple Pay.

    Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976. Apple went public in 1980. In August 2018, Apple became the first publicly traded U.S. company to be valued at over $1 trillion and just two years later in August 2020 became the first $2 trillion U.S. company.

    The company employs 137,000 full-time employees and maintains 510 retail stores in 25 countries as of 2020.

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