Bloomberg News
@Bloomberg-News·2.8M subscribers·40.1K videos
Where Will Apple Grow Next?
Posted
January 28, 2022
Views
641
Likes
8
Comments
2
Engagement
1.56%
January 28, 2022
641
8
2
1.56%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
1:40Now PlayingApple Inc. reported quarterly results that sailed past Wall Street estimates, marking a victory against a supply-chain crunch fueled by the pandemic and chip shortages.
Sales climbed 11% to a record $123.9 billion in the fiscal first quarter, the company said Thursday. Analysts had predicted $119.1 billion on average. Profit also beat projections, and the company predicted that sales would grow by a double-digit percentage in the March quarter.
The surprisingly strong results from Apple suggest that fears of supply upheaval were overblown. Apple Chief Executive Officer Tim Cook had warned late last year that shortages could cost the company more than $6 billion in sales during the all-important holiday period. But the tech giant navigated the crisis and benefited from a flood of new products, including the iPhone 13, Apple Watch Series 7 and updated Macs.
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
