Thursday, April 30, 2020

Apple sales inch higher despite coronavirus but CEO Tim Cook sees uncertain future

China, where the virus was first detected, is both a major market for Apple, and is also home to most of the company's contract factories. https://ift.tt/2VTaTrA https://ift.tt/eA8V8J

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Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third straight quarter of losses amid a food delivery price war (Tracy Qu/Wall Street Journal)

Tracy Qu / Wall Street Journal : Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third st...