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Apple's first-quarter earnings report was released with a loss of nearly 40 billion

Recently, Apple's first quarter financial report was released: first quarter revenue of 123.95 billion US dollars, the market estimated 119.05 billion US dollars, the same period last year 111.439 billion US dollars; net profit of 34.63 billion US dollars, the market expected 30.954 billion US dollars, the same period last year 28.755 billion US dollars.

At the same time, Apple's first-quarter earnings report also showed iPad revenue of $7.25 billion, down 14% year-on-year, and analysts expected $8.11 billion.

Apple's first-quarter earnings report was released with a loss of nearly 40 billion

In response, Apple's CFO said that "very serious supply constraints" led to a shortage of iPads, and the supply chain problems were mainly due to the shortage of chips in older models; the supply chain problems were alleviated in the quarter due to continuous cooperation with suppliers; and the supply chain problems caused more than $6 billion in losses in the quarter, in line with the guidelines. It also said it expects this quarter to set a record for march quarterly revenue.

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