Apple's Latest Quarterly Report Shows That Not Even Tech Titans Are Immune to Ravages of Economy

Apple’s Latest Quarterly Report Shows That Not Even Tech Titans Are Immune to Ravages of Economy


It should go without saying that the economy has been in rough shape, and everyday Americans are largely facing the brunt of that.

And while it may come as little solace amid soaring rent, business closures, and the general struggle of day-to-day living, Americans aren’t alone in facing the brunt of economic hardships.

In fact, even massive tech titans do not appear to be immune to the current economic climate, as observed by Apple’s latest quarterly earnings report.

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Unsurprisingly, Apple largely boasted in its news release about the report, bragging about record revenue in certain areas.

“Today Apple is reporting revenue of $90.8 billion for the March quarter, including an all-time revenue record in Services,” said Apple CEO Tim Cook in the release. “During the

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