Apple hits revenue record despite chip shortage

The original article can be found here.

Article highlights:

  • Apple reported record $124 billion quarterly revenue on Thursday, despite a global chip pinch and shifting impacts of the pandemic that have weighed down other big tech players.
  • “We set all time records for both developed and emerging markets,” CEO Tim Cook told analysts.
  • The supply chain mess that has disrupted the making and delivery of products to consumers is not disappearing, but Apple said it expected less impact in the coming months.