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4 Takeaways From Apple's Earnings Call

·3 min read
4 Takeaways From Apple's Earnings Call
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Apple (NASDAQ: AAPL) reported blockbuster earnings results for its fiscal third quarter earlier this week, including a whopping 50% jump in iPhone revenue to $39.6 billion. CFO Luca Maestri warned that component shortages would get worse in the fiscal fourth quarter. CEO Tim Cook declined to predict how the shortage situation may unfold later in the year.