Apple blames chip shortages and slow supply chain for disappointing quarter
by Kari Paul from Technology | The Guardian on (#5R95X)
Despite posting lower than expected revenues, iPhone 13 sales nearly doubled while iPad sales grew by 21%
Apple shares slid slightly on Thursday after the company announced lower than expected revenue in the fourth quarter of 2021.
The company posted a quarterly revenue of $83.4bn, up 29% year over year but still short of analyst predictions of $84.85bn.
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