Article 61XT4 Apple says Mac sales are getting hit hard by supply constraints

Apple says Mac sales are getting hit hard by supply constraints

by
Chris Welch
from The Verge on (#61XT4)
akrales_211028_4820_0680.0.jpg Photo by Amelia Holowaty Krales / The Verge

Apple narrowly outperformed Wall Street expectations with its Q3 earnings on Thursday afternoon, reporting a slight year-over-year increase in iPhone revenue and a 12 percent jump for its services division. But elsewhere, the company's numbers sagged: Mac revenues were down by 10 percent - a drop that CEO Tim Cook attributed to supply chain constraints and unfavorable foreign exchange rates. But it also matches an industry-wide trend of PC sales being on the decline.

Earlier this month, Apple released a redesigned MacBook Air powered by the company's M2 chip - but that didn't factor into this quarter's results. The new Air followed the launch of the upgraded 13-inch MacBook Pro in June. The Mac Studio desktop, Studio Display, M1-powered...

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