mxwarp

Apple today announced financial results for its fiscal 2023 third quarter ended July 1, 2023. The Company posted quarterly revenue of $81.8 billion, down 1 percent year over year, and quarterly earnings per diluted share of $1.26, up 5 percent year over year.

Breakdown per cartegory:

• iPhone: $39.669 billion (Down 2.4% YoY)

• Mac: $6.840 billion (Down 7.3% YoY)

• iPad: $5.791 billion (Down 19.8% YoY)

• Wearables, home, and accessories: $8.284 billion (Up 2.5% YoY)

• Services: $21.213 billion (Up 8.2% YoY)

Apple announced that it now has 1 billion paying subscribers to its services and that revenue from these sales has reached an all-time high.

In its third-quarter financial results, reported after the stock market closed on Aug. 3, Apple reported $21 billion in net sales for its services category out of $81 billion in total net sales, meaning that these subscriptions now account for a quarter of the Cupertino, California-based technology company’s total sales.

Apple announced that it now has 1 billion paying subscribers to its services and that revenue from these sales has reached an all-time high.

In its third-quarter financial results, reported after the stock market closed on Aug. 3, Apple reported $21 billion in net sales for its services category out of $81 billion in total net sales, meaning that these subscriptions now account for a quarter of the Cupertino, California-based technology company’s total sales.

The national survey of 2,932 Canadians, conducted by Maru Public Opinion as part of the Canada's Most Respected Awards Program, found that Costco was the most respected food retailer in Canada for the second consecutive time.

The national survey of 2,932 Canadians, conducted by Maru Public Opinion as part of the Canada's Most Respected Awards Program, found that Costco was the most respected food retailer in Canada for the second consecutive time.

“There are some things people shouldn’t worry about,” he said. “This is one.”

“Berkshire bought $10 billion in U.S. Treasurys last Monday. We bought $10 billion in Treasurys this Monday. And the only question for next Monday is whether we will buy $10 billion in 3-month or 6-month” T-bills, Buffett told CNBC.

Buffett did note that the concerns are valid though but not enough to change his views on U.S. Treasurys and the dollar

“There are some things people shouldn’t worry about,” he said. “This is one.”

“Berkshire bought $10 billion in U.S. Treasurys last Monday. We bought $10 billion in Treasurys this Monday. And the only question for next Monday is whether we will buy $10 billion in 3-month or 6-month” T-bills, Buffett told CNBC.

Buffett did note that the concerns are valid though but not enough to change his views on U.S. Treasurys and the dollar

Treasury Secretary Janet Yellen called the downgrade "arbitrary".

“Fitch’s decision does not change what Americans, investors & people all around the world already know: that Treasury securities remain the world’s preeminent safe & liquid asset, and that the American economy is fundamentally strong,” Yellen has said.

“Continued migration to the province, along with our relative affordability, has supported the stronger demand for housing despite higher lending rates,” said Ann-Marie Lurie, the board's chief economist, in a news release.

“At the same time, we continue to struggle with supply in the resale, new home and rental markets resulting in further upward pressure on home prices.”

Until July 31st, 2024

https://horizonsetfs.com/ETF/hbnk/

Until July 31st, 2024

https://horizonsetfs.com/ETF/hbnk/