- Published on January 2, 2023
- In Global Tech
Year in Review: Apple Fared Better than Meta and Google in 2022
Apple announced M2 chips, which feature an 8-core CPU, a 16-core GPU, and a 32-core neural engine
- By Pritam Bordoloi
Silicon Valley had a rough year in 2022, with big tech companies’ stocks plummeting to record lows. Apple, too, was not spared, as its stock crashed more than 20% this year.
Despite being battered at the stock market, the Cupertino-based firm had an interesting year in 2022 as it looks to diversify its revenue streams beyond iPhones. Apple further transitioned towards a retail bank with more products added to its payments ecosystem. According to reports, Apple also generated nearly USD 5 billion in ad revenue this year.
The tech giant is betting on user privacy and using it as a selling point to one up Android. Earlier this year, Apple rolled out a long advert showcasing iPhone’s superiority over competitors, like the Android OS, when it comes to privacy.
Besides t
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Pritam Bordoloi
I have a keen interest in creative writing and artificial intelligence. As a journalist, I deep dive into the world of technology and analyse how it’s restructuring business models and reshaping society.
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