in market cap on Friday, making it the world's most valuable publicly-traded company, after Apple missed earnings expectations on Thursday.
Apple reported revenue that fell short of Wall Street expectations during the company's fiscal fourth-quarter on Thursday, a result of supply chain constraints. CEO Tim Cook told CNBC's Josh Lipton the revenue shortfall is estimated at $6 billion, but he expects worse supply chain issues in the December quarter.
IPhone sales at the company were up 47% year-over-year but also fell short of analyst expectations. The company's fourth-quarter only included a few days of iPhone 13 sales.
It was coming!! 🔥🔥🥶
M...Boom...
It had to be Microsoft
For today.
The guy who is the biggest shareholder of Microsoft as a person. 😁
That’s a shocker
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Apple Services Revenue Reaches $18.3B Amid Overall Earnings MissApple services, which includes Apple TV+, topped Wall Street expectations while total revenue fell short at $83.4 billion. All those juicy profits …. made in China. How do you like them apples?
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Japan stocks set to trade higher; investors monitor Apple supplier stocks following revenue missApple on Thursday reported revenue that fell short of Wall Street expectations in its fiscal fourth quarter.
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