Apple posts record June quarter revenue of $109.4 billion; flags higher memory chip prices as pressure point
Tech giant Apple has posted record June quarter revenue of $109.4 billion, up 16% on a year-on-year basis, supported by double-digit growth in most emerging markets, including India, but flagged business risks in the next few quarters due to rising memory chip prices and supply constraints, according to a top company official. While America continues…
