As many tech giants have been executing an unprecedented level of layoffs, Apple Inc (NASDAQ: AAPL) has managed to avoid major job cuts even though it missed expectations for several of its lines of business announced during its first-quarter earnings.
The iPhone maker announced its first quarterly revenue, which declined for the first time in nearly four years, with revenue of $117.2 billion that missed analyst expectations of $121.1 billion.
The story "Apple CEO Tim Cook Says Layoffs Are Last Resort, But 'You Can Never Say Never'" has 391 words across 17 sentences, which will take approximately 2 - 4 minutes for the average person to read.
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The story "Apple CEO Tim Cook Says Layoffs Are Last Resort, But 'You Can Never Say Never'" was covered 1 months ago by Benzinga, a news publisher based in United States.
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Benzinga is a fully independent (privately-owned) news outlet established in 2010 that covers mostly technology news.
The outlet is headquartered in United States and publishes an average of 17 news stories per day.
It's most recent story was published 10 hours ago.
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