Quote from Ndubuisi Ekekwe on January 28, 2022, 9:36 PM

The Apple party opens up massively, notes LinkedIn.

Apple has roared to another massive revenue result for the first quarter, reveling in the first full quarter of sales for its deeply popular iPhone 13. The company's sales soared by 11% for the quarter, as it logged $123.9 billion in revenue — its biggest quarterly result on record — and sailed past investor expectations. Apple surpassed sales targets for every product line bar its iPads. Even then, it was only the supply chain snarls that have hobbled consumer brands globally that rendered it unable to meet voracious demand for its tablets.

• Apple plans to turn iPhones into payment terminals, allowing merchants to take payments with the tap of a credit card or other iPhone, Bloomberg reported, citing anonymous sources.
• The service could put the tech giant in direct competition with Block’s Square by requiring businesses to use Apple Pay or its payment processing system.