Apple announces record third-quarter 2022 revenue despite growing inflation


Apple has announced its financial results for the third quarter of 2022 and, like many quarters before it, has hit a new revenue record despite concerns about growing inflation.

In a press release, the company revealed that it has posted a June quarter revenue record of $83 billion, a two percent increase year over year. Apple CEO Tim Cook said that the results speak to the company’s ability to “innovate, to advance new possibilities, and to enrich the lives of our customers.”


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