portable electronic devices

Apple raised $5.5 billion in debt after upbeat earnings, iPhone sales offset fears of consumer downturn

Apple Inc. introduced , optimistic new quarterly results tied to strong iPhone sales, a four-part bond deal on Monday to raise new debt. The new deal from Apple AAPL, -0.62% The tech giant has raised $5.5 billion by issuing four series of bonds rated AAA from Moody’s Investors Service and AA+ from S&P Global, according …

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Apple has been concerned about iPhone supply, but this could swing by demand

Throughout the pandemic, Apple Inc.’s biggest challenge has been. It is maintaining an adequate supply of its devices, but with the company heading towards launching a new iPhone, could the equation be reversed? Apple AAPL, -0.88% Benefiting from elastic demand in the first two years of the COVID-19 crisis, as governments poured in stimulus money …

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