Apple Inc (AAPL) Q1 2022 (USD): EPS 2.10 (exp. 1.89), Revenue 123.95bln (exp. 118.66bln)
SourceNewsquawk
SectionUS Equities
- Ipad: 7.25bln (exp. 8.18bln)
- Iphone: 71.63bln (exp. 68.34bln)
- Mac: 10.85bln (exp. 9.51bln)
- Services: 19.52bln (exp. 18.61bln)
- Greater China net sales 25.78bln (prev. 21.31bln Y/Y)
- CFO says very significant supply chain constraints led to iPad shortages.
- Easing of supply chain issues in current quarter due to ongoing work with suppliers.
- Expects less supply issues in current quarter.
- Chip issues primarily chip shortages for older product models.
- Supply chain issues cost more than USD 6bln in quarter.
- Expects to set March quarter revenue record for current quarter.
Via businesswire