Apple lost $6 billion to chip shortage and manufacturing delays in Q4, Tim Cook says

-
Illustration by Alex Castro / The Verge

Apple today posted strong earnings for its fourth fiscal 2021 quarter, reporting all-time highs for its services and Mac divisions. The company says it took in revenue of $83.4 billion, a year-over-year increase of 29 percent, and earnings per share of $1.24. That earnings number came in below Wall Street expectations of $84.85 billion.

CEO Tim Cook told CNBC that supply chain constraints had a clear impact on financial results this quarter. “We had a very strong performance despite larger than expected supply constraints, which we estimate to be around $6 billion,” Cook said, attributing the supply issues to “the industry-wide chip shortages that have been talked about a lot and COVID-related manufacturing disruptions in Southeast...

Continue reading…



from The Verge - All Posts https://ift.tt/3ErNyRm

Comments

Post a Comment

Popular posts from this blog

LG’s ‘first gaming laptop’ has an RTX 3080 and 11th Gen Intel CPU

-
Image
The laptop features an RGB keyboard. | Image: LG LG has announced what it’s calling its “first gaming laptop,” the UltraGear 17G90Q. The 17-inch laptop is powered by a combination of an 11th Gen Intel Tiger Lake H CPU and an Nvidia GeForce RTX 3080 Max-Q graphics card, and can be configured with up to 32GB of RAM and 1TB of storage The company is no stranger to making laptops, but the focus of its previous models has generally been on office productivity rather than offering a top-of-the-line gaming experience. The LG Gram 17 we reviewed earlier this year, for example, was a great lightweight work machine, but its lack of a beefy dedicated GPU meant it definitely wasn’t a gaming machine. Image: LG Four ports are hidden on the rear of the machine, including HDMI... Continue reading… from The Verge - All Posts https://ift.tt/3q5c7xG
Read more

Adobe Acrobat Pro DC v2020.009.20074

-
Image
Adobe Acrobat Pro DC v2020.009.20074 Description Acrobat DC with Document Cloud services is packed with all the tools you need to convert, edit and sign PDFs. It’s just as mobile as you are. So you can start a document at work, tweak it on the train and send it for approval from your living room — seamlessly, simply, without missing a beat.It’s packed with smart tools that give you even more power to communicate. Create and edit PDF files with rich media included, share information more securely, and gather feedback more efficiently. Adobe Acrobat Pro DC software is the advanced way for business professionals to create, combine, control, and deliver more secure, high-quality Adobe PDF documents for easy, more secure distribution, collaboration, and data collection. DOWNLOAD HERE Adobe Acrobat Pro DC 2020 with Patch Features: Edit PDF files With Adobe Acrobat Pro DC, you can make minor edits to text and images right in your PDF file without requiring the original document o...
Read more

Apple TV Plus will begin streaming Friday Night Baseball on April 8th

-
Image
Photo by Peter Joneleit/Icon Sportswire via Getty Images Apple TV Plus has announced an April 8th start date for Friday Night Baseball alongside a streaming schedule for the first half of the season. The revised 2022 season schedule was announced by Major League Baseball (MLB) earlier in March after players and team owners negotiated an end to a lockout, setting a date for the regular season to begin on April 7th. Streaming will be available for anyone with Apple TV Plus in the US, Canada, Australia, Brazil, Japan, Mexico, Puerto Rico, South Korea, and the United Kingdom. In the US and Canada, that also includes access to a 24/7 livestream with replays, highlights, and other programming. Even if you don’t pay for Apple TV Plus, it will also be available without a subscription on all hardware... Continue reading… from The Verge - All Posts https://ift.tt/KuI8w5T
Read more