Apple has reported latest quarterly revenue of $83 billion, an increase of 2% from a year ago, setting a new June quarter revenue record, thanks to strong iPhone and services revenue. However, it posted a net profit of $19.4 billion, a decrease of 10.59% YoY and quarterly earnings per diluted share of $1.20 for the financial year Q3 2022 that ended June 25, 2022. Continue reading “Apple reports 10.5% decrease in profit, despite June quarter revenue record”