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apple reports record quarter despite mixed performance in china
Apple reported a 7% increase in quarterly profit to $36.3 billion, driven by strong growth in services, Mac computers, and iPads, despite a decline in iPhone sales. The company's total revenue reached a record $124.3 billion, with earnings per share of $2.40 surpassing analyst expectations.
ASML Projects Strong Revenue Growth Despite Stricter US Export Regulations to China
ASML Holding has confirmed its revenue targets for 2025, projecting between 30 and 35 billion euros, despite stricter US export restrictions to China. The company's share price has shown resilience, recently reaching 690.20 euros, reflecting strong investor confidence in its long-term prospects. Analysts maintain varied ratings, with UBS at 'Neutral' and Bernstein Research at 'Outperform', highlighting the ongoing demand for semiconductor technology.
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