Apple sales miss expectations, supply issues cost company $6 billion
Apple revenue fell short of Wall Street expectations in its fiscal fourth quarter on Thursday, which Apple CEO Tim Cook attributed to larger-than-expected supply constraints on iPhones, iPads, and Macs."We had a very strong performance despite larger than expected supply constraints, which we estimate to be around $6 billion," Cook said. "The supply constraints were driven by the industry wide chip shortages that have been talked about a lot, and COVID-related manufacturing disruptions in Southe
