Apple CEO Tim Cook said yesterday that the company received its largest single-quarter revenue in history last quarter.
Despite the impact of the COVID-19 pandemic and supply chain challenges on Apple, sales of almost all products except the iPad increased by more than 11% in the last quarter. At the same time, the company is actively improving its supply chain, and the CEO told the media, "We expect solid revenue growth in the next quarter, and we expect the impact of supply chain issues in March to be reduced compared to December."
Here's how Apple compares to Refinitiv's general expectations for the quarter ended Dec. 25:
EPS: $2.10 vs. expected $1.89, up 25% year-over-year
Revenue: $123.9 billion, expected to be $118.66 billion, up 11% year-over-year
iPhone revenue: $71.63 billion, expected at $68.34 billion, up 9% year-over-year
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