Apple Was Actually A Huge Miss


Apple shares dip after company warns of a possible $8 billion hit from supply constraints

https://www.cnbc.com/2022/04/28/apple-aapl-earnings-q2-2022.html

Apple is a miss. The accounting department can put it in this quarter or next quarter, either way it’s a huge miss.

97b (rev this quarter) – 8b = 89b (March 2021 levels)

Estimate: 94b

Miss = 5b


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