Apple Lost $6 Billion In Revenue Due To Chip Shortage And Supply Chain Disruptions

Despite earning over $83.4 billion in just three months, the company missed revenue estimates set by Wall Street analysts.

Yesterday Apple posted record earnings in a single fiscal quarter. In just three months the company earned over $83.4 billion, an increase of over 29 percent compared to the same quarter last year.

Despite the record-high earnings, the company missed revenue estimates set by …

from Mashable India tech https://ift.tt/3pNXNeB

Comments

Popular posts from this blog

Researchers Are Using AI To Predict Crime, Again

Apple Unveils macOS Sonoma; Check New Features, Supported Devices And How To Download