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Apple fell nearly 4% in premarket trading as its revenue missed expectations

Tiger Newspress2021-10-29

Apple fell nearly 4% in premarket trading as its revenue missed expectations.In the fourth quarter, Apple's total revenue was 83.36 billion US dollars, a year-on-year increase of 29%;Net profit was US $20.551 billion, up 62% year-on-year. Among them, Apple's revenue in Greater China in the fourth quarter was US $14.563 billion, up 83% year-on-year.

The iPhone is still Apple's strongest product, with Apple's fourth-quarter iPhone revenue of $38.87 billion, up 47% compared with the same period, but falling short of the expected $41.6 billion.

The revenue of Apple service business was 18.28 billion US dollars, a year-on-year increase of 25.6%; Mac revenue was $9.18 billion, up 1.6% year-on-year. Tim Cook, CEO of Apple, said that the revenue of services and Mac reached a record high.

Apple's wearable and accessories business revenue was 8.79 billion US dollars, a year-on-year increase of 11.5%; Ipad revenue was US $8.25 billion, up 21.4% year-on-year.

Cook said: "Although the supply restriction problem is larger than expected, and we estimate that (related losses) are about 6 billion US dollars, our financial performance is very strong. Supply constraints are caused by chip shortages widely discussed in the industry and manufacturing disruptions related to the epidemic in Southeast Asia."

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评论20

  • Tanyl
    ·2021-10-31
    Apple price up down up down
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  • Tanyl
    ·2021-10-29
    Why Apple price not up strongly ?
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  • CCCH
    ·2021-10-29
    Why ? Should climb up instead 
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  • DanVI
    ·2021-10-29
    Pls like 🙏
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    收起
    • Dazhu
      done
      2021-10-29
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  • Dcagency
    ·2021-10-29
    Buy more!! [Cool] [Cool] 
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    • DanVI
      Agree!
      2021-10-29
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  • PeterYC
    ·2021-10-29
    👌🏻👌🏻👌🏻
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  • Jeriari
    ·2021-10-29
    Time to buy another one
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    • Jeriari
      Maybe will wait until below 140
      2021-10-29
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    • KLCC
      Agreed!! But wait for a while 😊
      2021-10-29
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  • Richang
    ·2021-10-29
    是这
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    收起
  • wywy
    ·2021-10-29
    Swee. Time to buy
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    收起
    • wywy
      totally agree.
      2021-10-30
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    • bernardtayet
      Every dịp represents an opportunity for a value stock.
      2021-10-30
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    • wywy
      [强] [强] [握手] [OK]
      2021-10-29
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    查看更多 1 条评论
  • Investigater
    ·2021-10-29
    Omg
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    • Ti82
      Yeah
      2021-10-29
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    • Investigater
      Nvm buy nonetheless
      2021-10-29
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  • Eaglewings
    ·2021-10-29
    For those who have yet to own shares of one of the most under rated global ecosystem ever built ,this is more than just Big Tech … your call! 
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    • 39f9005b
      yes
      2021-10-29
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  • Joyus
    ·2021-10-29
    👍
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  • CIG
    ·2021-10-29
    Facebook changed to Meta, but Apple won't change to Orange.
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  • jerryang17
    ·2021-10-29
    Apple. 
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  • 財神發
    ·2021-10-29
    😇
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  • hohok
    ·2021-10-29
    Pls like
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    • Moneyong
      Ok
      2021-10-29
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    • Joyus
      K
      2021-10-29
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    • cgoh
      👍
      2021-10-29
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  • ixidus
    ·2021-10-29
    Ok
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  • me0w9
    ·2021-10-29
    like and comment
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    • WenJieChan
      [微笑]
      2021-10-29
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    • hohok
      done
      2021-10-29
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  • ZeonLeong
    ·2021-10-29
    like thanks
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  • Jdjejej
    ·2021-10-29
    Like
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