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.

Sudarshan Venu appointed Chairman and MD of TVS Motor effective August 25, 2025.
Read More....
Flipkart gets RBI nod to lend directly to customers and sellers via NBFC licence.
Read More....
Sara Errani and Andrea Vavassori win French Open 2025 mixed doubles title.
Read More....
Census 2027 to include caste data, will be held in two phases across India.
Read More....
Khichan and Menar wetlands in Rajasthan designated as new Ramsar sites.
Read More....
MoSPI releases 'EnviStats India 2025' on World Environment Day.
Read More....
S Mahendra Dev appointed as new Chairman of Economic Advisory Council to PM.
Read More....
Kumar Mangalam Birla receives USISPF Global Leadership Award 2025.
Read More....
Central Bank of India buys stake in Future Generali worth ₹451 crore.
Read More....
Government launches ‘Ayush Nivesh Saarthi’ portal to boost investment in traditional medicine.
Read More....

Apple loses historic $3 trillion crown as sales disappoint: