Apple loses historic $3 trillion crown as sales disappoint:

Daily Current Affairs / Apple loses historic $3 trillion crown as sales disappoint:

Change Language English Hindi

Category : National Published on: August 05 2023

Share on facebook

Apple no longer holds the historic market valuation of $3 trillion. Apple shares fell by 3.6% after the company reported third straight quarter with a revenue decline.
In its report, Apple posted its third straight quarter of declining sales, and predicted a similar performance in the current period.
More than $120 billion was wiped out from Apple's market capitalisation, taking it to $2.88 trillion. In June, Apple became the first company to hit $3 trillion valuation.

Exercise Tiger Triumph 2024, a Tri-Service India-US Humanitarian Assistance and Disaster Relief (HADR) exercise, began in Visakhapatnam on April 1, 2025.
Read More....
Shirley Botchwey becomes the first African woman to assume office as Commonwealth Secretary-General.
Read More....
Indian hockey icon Vandana Katariya announces her retirement after an illustrious 15-year career.
Read More....
The Hero Asia Cup Hockey 2025 will be held in Rajgir, Bihar from August 29 to September 7, at the newly constructed Rajgir Hockey Stadium.
Read More....
The 6th BIMSTEC Summit will convene in Bangkok on April 4, focusing on trade, security, and regional cooperation.
Read More....
The Punjab government plans to develop the Jhajjar-Bachauli Wildlife Sanctuary as the state's first leopard safari destination.
Read More....
The Telangana government launches its first free fine rice scheme through ration shops.
Read More....
Miami Open Champion: Teenager Jacob Menchi defeated Novak Djokovic in the finals.
Read More....
The Indian Air Force will participate in the multinational air exercise INIOCHOS-25 in Greece.
Read More....
SpaceX launches a private astronaut crew in the Fram2 polar-orbiting mission.
Read More....

Apple loses historic $3 trillion crown as sales disappoint: