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English => News => Topic started by: Redaktion on July 31, 2022, 17:09:48

Title: Apple posts bumper earnings of US$83 billion for the third quarter of 2022
Post by: Redaktion on July 31, 2022, 17:09:48
Market analysts have been less than optimistic about Apple's ability to live up to earlier estimates of how much revenue it could generate for its third fiscal quarter of 2022 (3FQ2022). However, those figures are now out there, and they show the Cupertino giant have defied those expectations with "record" takings for the 3 months. On the other hand, the new MacBooks Air and Pro could be said to have fallen short of their ability to contribute to this new report.

https://www.notebookcheck.net/Apple-posts-bumper-earnings-of-US-83-billion-for-the-third-quarter-of-2022.638093.0.html
Title: Re: Apple posts bumper earnings of US$83 billion for the third quarter of 2022
Post by: Ken MacLeod on July 31, 2022, 19:11:21
The word 'earnings' always means profit, never revenue. For example, EPS means 'earnings per share', which is always profit per share, never revenue per share.
It may be worthwhile to change the headline, which is currently quite misleading.
Thanks as always for your crisp reporting!
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