Amazon and Apple post downbeat results as inflation, supply issues bite

BrunGa

Active member
Amazon and Apple post downbeat results as inflation, supply issues bite Amazon records its first quarterly loss since 2015 as online sales drop, while Apple warns of an $8 billion hit from the war in Ukraine and Covid-19 lockdowns in China. Also, French growth hits zero as consumer spending falls, and the IMF warns of dangers for the economies of sub-Saharan Africa.
 
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