SA's Wall Street Breakfast: Something's Cooking
SEEKING ALPHA‘s Wall Street Breakfast daily is now out: The three-week-old antitrust trial between Apple (NASDAQ:AAPL) ...
REUTERS reports:
Supply chain woes cost Apple Inc $6 billion in sales during the company’s fiscal fourth quarter, which missed Wall Street expectations, and Chief Executive Tim Cook said that the impact will be even worse during the current holiday sales quarter.
Cook told Reuters on Thursday the quarter ended Sept. 25 had “larger than expected supply constraints” as well as pandemic-related manufacturing disruptions in Southeast Asia. While Apple had seen “significant improvement” by late October in those ...
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