Supply chain woes cost Apple Inc $6 billion in sales during the company's fiscal fourth quarter, which missed Wall Street expectations, and Chief Executive Tim Cook said that the impact will be even worse during the current holiday sales quarter.
"Supply-chain disruptions are causing an even bigger hit to Apple than analysts had been expecting," said Haris Anwar, senior analyst at Investing.com. "If the situation persists, it could hurt the company in the crucial holiday season, threatening the market’s bullish view on sales, EPS and cash flows."Apple missed expectations in two key categories. Apple said fourth-quarter iPhone sales were $38.9 billion, short of estimates of $41.5 billion, according to Refinitiv data.
"Most of what we design are leading-edge nodes, but all of the products have some legacy node components in them as well. And so that continues into Q1, and we'll see what it looks like beyond that. It's very difficult to call," Cook told Reuters. Other segments fared better. Sales for iPads and Macs were $8.3 billion and $9.2 billion, compared with analyst estimates of $7.2 billion and $9.2 billion, according to Refinitiv data.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Apple sales miss expectations, Tim Cook says supply issues cost company $6 billionEARNINGS: Apple Q4 EPS $1.24 vs. $1.24 Est.; Q4 Revs. $83.36B vs. $84.85B Est. • $AAPL CNBCJosh has the numbers.
Leer más »
Apple Warns of Supply-Chain Disruptions as It Reports Record Year-End ResultsApple said supply constraints were worse than expected in its fourth quarter, crimping revenue, and expects them to cause larger headwinds this quarter
Leer más »
Chef Tom Kerridge knocks £100 off Christmas cook-at-home boxes after backlashCelebrity chef Tom Kerridge has dropped over £100 off the price of his cook-at-home Christmas turkey boxes this year, after he was criticised in 2020 for charging £350 for the three-course box for four and six people
Leer más »
Prince William used to cook for Kate Middleton at uni - and it's so romanticPrince William used to cook for Kate Middleton while they were at the University of St Andrew's together, although the Duke of Cambridge wasn't a pro in the kitchen
Leer más »
17 Healthy Ways to Cook Chicken in an Instant PotTalk about a quick chicken.
Leer más »
How to Cook Italian Food Like an ItalianA guide to the steps, both large and small, that can help you start cooking like an Italian.
Leer más »