Apple CEO Tim Cook has said that Apple achieved record revenues in India for the quarter ending March 2024, despite a 4 percent drop in overall revenue and a 10 percent decline in iPhone sales from the previous year. Cook made the announcement during the earnings call on May 2, 2024, while discussing the company's financial outcomes in India, Hindustan Times reported.
Open FlipThe metals market has experienced a strong performance in the past month, largely due to positive PMI data from China and solid economic fundamentals in the US. This has driven up commodity prices, particularly for base metals. Supply constraints in copper and aluminium, alongside a ban on Russian-origin metal from the London Metal Exchange, have further supported metal prices.
Open FlipCoforge’s share price was dropping on Friday after brokerage firms downgraded the stock due to the company’s subdued performance in the quarter ended March 2024. The IT services company recorded a consolidated net profit of ₹229.2 crore for the March FY24 quarter, a decrease of 5.6% compared with the previous quarter.
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