Apple Reported Strong Q4 Results, But Supply Constraints Worse Than Expected
<p><a href='https://financialmodelingprep.com/financial-summary/AAPL'>Apple Inc. (NASDAQ:AAPL) </a>reported record Q4 results, with Mac and Services at all-time highs, and other categories reaching an FQ4 high. Quarterly EPS was $1.24, in-line with the consensus estimate. Revenue grew 29% year-over-year to $83.4 billion, a bit lower than the consensus estimate of $84.85 billion.</p>
<p>Despite the record-breaking results, management noted that supply constraints impacted sales by $6 billion in Q4 and Q1/22 is likely to see a higher nominal amount of sales headwind from a supply crunch. </p>
<p>Analysts at Oppenheimer provided their view on the company, following the quarterly results. While supply crunch remains a headwind for the next couple of quarters, the analysts expect the company to accelerate its share gains (primarily in handsets and notebooks) due to its superior supply chain management and scale advantage.</p>

NASDAQ:AAPL