• Bay Area Times
  • Posts
  • Apple revenue -1% to $81.8B, but cost of sales falls, leading net income +2% to $19.8B

Apple revenue -1% to $81.8B, but cost of sales falls, leading net income +2% to $19.8B

Brought to you by:

Hey, welcome to today's Bay Area Times daily newsletter. If you haven't yet already, follow us on Twitter and on Threads!

Click here if you’re interested in advertising to our audience of 100K+ readers. We’re sold out 4+ weeks in advance, so please get in touch as soon as possible.

Top stories today:
1. Apple revenue -1% to $81.8B, but cost of sales falls, leading net income +2%
2. Amazon revenue +11% to $134.3B, as $7.7B operating profit is 70% AWS
3. Coreweave, NVIDIA-funded GPU cloud provider, raises $2.3B in debt
4. Coinbase remains unprofitable as transaction revenue falls

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).

All times are ET.

1. Apple revenue -1% to $81.8B, but cost of sales falls, leading net income +2% to $19.8B

Subscribe to keep reading

This content is free, but you must be subscribed to Bay Area Times to continue reading.

Already a subscriber?Sign In.Not now