The Apple logo is seen at an Apple Store in New York, October 23, 2020. Photo: Reuters
Apple warns of bigger supply chain problems ahead after strong start to year
- Apple’s overall fiscal second-quarter revenue was US$97.3 billion, up 8.6 per cent from last year and higher than analysts’ average estimate of US$93.89 billion
- Investors have been bracing for slower consumer spending on tech gadgets and services as the war in Ukraine and other factors drive up the cost of oil and food
The Apple logo is seen at an Apple Store in New York, October 23, 2020. Photo: Reuters