Apple Warns Supply Constraints Will Impact Iphone And Ipad This Fall
Apple just reported a monster earnings release for the third fiscal quarter of 2021, with $81.43 billion in revenue, up 36 percent year over year, and profit of $21.74 billion. Looking ahead to Q4 2021, however, Apple cautioned that supply constraints are likely to impact the iPhone and iPad in particular… During Apple’s earnings call with analysts today, CEO Tim Cook and CFO Luca Maestri addressed supply constraints that could impact Apple during Q4 2021....