Apple reports solid Q2, but warns of $4-$8 bn hit from Covid

In the March quarter, the technology giant reported earnings of $25 billion, up 5.8 per cent from the year-ago period as revenues rose nine per cent to $97.3 billion. The strongest growth by region was the Americas, with the company also reporting moderate revenue increases in Europe and Greater China. Revenues fell in Japan and other Asian markets.

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