Apple Q4 sales deliver record revenue, misses estimates for first time since 2017; supply issues cost firm $6 billion - Latest Tech, Mobile News, Gadgets & Reviews Update |Techbrinks

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Friday 29 October 2021

Apple Q4 sales deliver record revenue, misses estimates for first time since 2017; supply issues cost firm $6 billion


For the period commencing from July until September 25, analysts expected revenue of $84.85 billion. Still, the earnings figure increased by 29 percent compared to the same period in 2020 ($64.7 billion), making it Apple's best-performing fiscal fourth quarter, driven largely by strong demand for iPhones.

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