Tag: quarterly profit
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Spotify Updates App Post Apple Ruling, Aiding U.S. Consumers
In a significant development for the tech industry, Spotify has announced a major update to its app following a landmark court ruling against Apple, which is set to benefit U.S. consumers. This update comes amidst Apple’s recent financial disclosures, revealing a robust quarterly profit and plans to shift iPhone production to India to mitigate the…
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Apple’s $24.78B Profit Overshadowed by AirPlay Hacking Risks
Apple’s Strong Financial Performance and Cybersecurity Challenges Apple Inc. has once again demonstrated its financial prowess, surpassing Wall Street expectations with a quarterly profit of $24.78 billion. This success is attributed to robust iPhone sales and a growing services sector. However, the tech giant faces significant cybersecurity challenges, with millions of AirPlay-enabled devices vulnerable to…