Tim Cook says supply constraints cost Apple $6 billion during Q4 2021

Tim Cook says supply constraints cost Apple $6 billion during Q4 2021

9to5Mac

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Apple today reported earnings for fiscal Q4 2021, with revenue increasing 29% year-over-year to a new September quarter record of $83.4 billion. Nonetheless, this was below analyst expectations, and AAPL stock is down nearly 5% in after-hours trading. In an interview with CNBC, Apple CEO Tim Cook said that supply chain shortages cost Apple around $6 billion in the quarter…

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