By Staff Reporters
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Apple just announced its most recent quarterly results. Compared to the rest of the tech industry, the numbers were pretty good. Apple’s profits were down 11 percent from the same period last year but the company beat estimates and still managed to set a record for third-quarter revenue. Considering the challenges facing the entire economy, those numbers are pretty remarkable. The tech industry has been hit especially hard over the past few months due to things like a shortage of computer processors, inflation, and weakening demand; etc.
Bitcoin and Ether, the world’s two largest digital tokens, are headed toward their best month since 2021 amid a revival of risk appetite in global markets and optimism about an Ethereum network upgrade. Bitcoin is up 28% in July and Ether 70%, though their rallies paused Friday. Both were little changed, with Bitcoin at about $23,950 as of 5 p.m. in New York and Ether hovering around $1,730.
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Filed under: Alerts Sign-Up, Glossary Terms, Information Technology, Investing | Tagged: Apple, Bitcoin, ether, Ethereum |















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