Apple, Tim Cook
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Apple, iPhone
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Apple beat Wall Street estimates for quarterly revenue on Thursday, powered by strong demand for its iPhones and a sharp rebound in China, with CEO Tim Cook telling Reuters that demand for the latest handsets was “staggering.
Apple's CEO says that it's scrambling for memory as the higher-than-anticipated iPhone sales mean that it has "very lean channel inventory."
Apple just crushed it, hitting their best quarter ever with a massive $143.8 billion in revenue. The star of the show was the iPhone, with sales jumping an incredible 23%. On top of that, their services business also hit an all-time high,