Apple broke its quarterly financial record, but fell short of expectations - what analysts thought

Apple broke its own quarterly record for revenue in the September quarter, but it fell short of what Wall Street was predicting largely because of supply chain constraints affecting the entire industry. Here's what analysts had to say about the results.

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The Cupertino tech giant reported quarterly revenue of $83.4 billion, missing Wall Street expectations of $85. Apple attributed the revenue miss to chip shortage and manufacturing problems, which the company says cost it $6 billion.

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