Wednesday 8 February 2023

Tech giants post disappointing results, facing gloomy outlook

Tech giants post disappointing results, facing gloomy outlook

Apple, Amazon and Alphabet all posted disappointing quarterly results this week, while Facebook parent Meta bucked the gloomy trend in technology with better-than-expected revenue. Apple reported its first revenue drop in nearly four years after COVID-19 restrictions on its factories in China curtailed iPhone sales during the crucial Christmas holiday season.
Read more: https://www.euronews.com/next/2023/02/03/apple-google-and-amazon-post-disappointing-results-as-tech-giants-face-gloomy-economic-out?source=Snapzu

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