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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

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