Apple set another Q4 record, but shortages are costing it billions

Apple has announced the financial results for its fourth fiscal quarter of 2021, revealing another record-setting quarter with Mac and Services revenue clocking in with new all-time highs. During that same time period, Apple says it raked in $83.4 billion in quarterly revenue, a 29-percent year-over-year increase. The results weren’t entirely good news, however, as Apple struggles to deal with … Continue reading

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