Apple Reports Q4 Revenue Growth of 12% Amidst Supply Constraints
Apple (AAPL) reported fourth-quarter revenue of $114.5 billion, representing a 12% increase compared to the previous year. During the earnings call, leadership addressed current operational challenges, including supply constraints and rising memory costs that may impact future margins. Looking ahead to the December quarter, Apple anticipates revenue growth in the range of 7% to 10%. The company's outlook reflects a balance between strong consumer demand and macroeconomic headwinds related to component pricing and logistics.
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