Thursday, August 3, 2023

iPhone Sales Declined in Q2 2023 as Services Revenue Saw Record Growth With 1 Billion Subscriptions

Apple shares dropped about 2 percent after the company predicted what could be the fourth quarter in a row of declining sales. For the just-ended period, strength in services drove the profit beat, but weaker than expected sales of Apple's most famous device, the iPhone, underwhelmed investors. Executives said iPhone sales would improve in the fourth quarter, but did ...

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India's auto component industry to hit USD 145 billion by 2030, exports to triple: NITI Aayog

NITI Aayog envisions India's automotive component production soaring to USD 145 billion by 2030, with exports tripling to USD 60 billion...