Apple CEO Tim Cook says supply constraints are improving after issues hindered sales, as the company posted quarterly results that shattered previous records
Apple Inc. posted quarterly results Thursday that shattered previous records, answering the concerns of jittery investors about the toll supply chain constraints are having on the world’s biggest company.
Chief Executive Tim Cook said in an interview those challenges are improving. Shares rose more than 4% after markets closed Thursday in New York, following Apple’s report that October-to-December revenue hit $123.9 billion and profit reached $34.6 billion, both company records that exceeded Wall Street expectations.
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