Summary
The company made $109.4 billion, which is a huge amount of money! 💸
It says that chips that store memory are getting more expensive, which can make things harder. 🧩
Key Points
3 points1
Revenue reached $109.4 billion.
2
Gross margin was about 50% of sales.
3
Higher memory chip prices could be a challenge.
New Words to Learn
4 wordsrevenue
the total money a company earns from selling things
gross margin
the part of sales left after paying for the things made, shown as a percentage
memory chip
a tiny part inside devices that stores information
quarter
a three‑month period of a year
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