For years, Apple (NASDAQ:AAPL) has yearned for control over its product manufacturing. Cut out the middleman, and watch profits increase. And that’s exactly what Apple’s doing. The major breakup came in 2020 when Apple ended a 15-year partnership with Intel — switching to its own chips in newer MacBooks. But power is addictive — and…
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Big tech earnings recap: Growth slows to a crawl. What next?
Six major tech giants — Meta, Amazon, Apple, Alphabet (Google), Netflix and Microsoft — concluded their earnings reports last week. What’s the takeaway? It’s evident a slowing economy is taking a toll on them — all feeling the pain of lower consumer demand — some worse than others. Microsoft’s sales grew 12% — the slowest…
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